|
• Millburn & Company Buys 220-Unit AZ Multifamily Property
6/18/24
Landing at Fiesta Village, a 220-unit apartment property in Mesa, AZ, was acquired by. The asset was sold by a venture between Boston-based real estate private equity firm Rockpoint and P.B. Bell.
The Landing at Fiesta Villa...
|
• Recently Built CO Res Community Refinanced with $34 Mil Loan
6/18/24
The Prime Company (“TPC”) has refinanced Oxford Vista, a recently built, 146-unit Class A multifamily property in the Denver suburb of Englewood, CO, with a new loan for $34 mil. The 30-month, floating-rate loan was provided ...
|
• AZ Biz Park Trades in $33 Mil Transaction
6/17/24
A joint venture of Bendetti and Westport Capital Partners paid $32.9 mil for Broadwood Business Centre, a 156.2k sf ($210/sf), multi-tenant light industrial property in Mesa, AZ. The Southeast Valley business complex can acco...
|
• Commercial Real Estate Financing Briefs
6/13/24
CUSHMAN & WAKEFIELD EQUITY, DEBT & STRUCTURED FINANCE -- Rob Rubano, Brian Share, Max Schafer, Lars Weston and Billy Coyle with Cushman & Wakefield secured $64.1 mil in financings for the acquisition of a Class A industrial p...
|
• Liv Communities and Rockefeller Group Wrap Up Work on AZ Res Community
6/13/24
A new 360-unit apartment community in Laveen, AZ has been completed and is now open to the public. The project, Sol38 by Liv, is a development of Liv Communities and Rockefeller Group.
Located at 3875 W. Dobbins Rd, Sol38 fe...
|
• Commercial Real Estate Financing Briefs
6/12/24
JLL CAPITAL MARKETS -- Eric Tupler, Kristian Lichtenfels, Chris Collins, Will Mogk and Jarrod Howard with JLL Capital Markets arranged $30 mil in financing for a three-property industrial portfolio totaling 330....
|
• Founders Properties Picks Up 162k sf Phoenix Industrial Project
6/11/24
Founders Properties acquired 21st Street Center, a two-building industrial project totaling 162.2k sf on more than eight acres in the sought-after Airport submarket of Phoenix. Consisting of two highly functional industrial b...
|
• Palladius Capital Management Acquires 694-Bed Student Housing Property in Texas
6/11/24
Palladius Capital Management has purchased The Luxx, a 220-unit, 694-bed student housing community in San Antonio, TX. The property is located at 6023 UTSA Blvd, within walking distance of The University of Texas at San Anton...
|
• George Oliver Teams with Ascentris in Purchase of Office Building in Old Town Scottsdale
6/10/24
Phoenix-based developer George Oliver and joint venture partner Ascentris purchased a 162.2k sf office building in the heart of Old Town Scottsdale for $26.05 mil ($160/sf). The building sits on just over three acres at 4141 ...
|
• Chicago Multifamily Owner Buys 254-Unit Texas Res Asset
6/10/24
Sherman Residential, a Chicago-based owner and operator of luxury multifamily assets , closed on a Texas res buy, picking up Oaks on Marketplace, a 254-unit luxury multifamily community near I-35 in the city of Kyle. The prop...
|
• Leasehold Interest in Phoenix Office Campus Goes for $44 Mil
6/07/24
The leasehold interest in Sky Harbor Center, a recently upgraded 534.8k sf office campus on 37 acres in Phoenix, was acquired for $44.3 mil by a private investment partnership. The ground lessor is the City of Phoenix.
Sky H...
|
• Arizona Multifamily Community Purchased by Kairoi Residential / German American Realty Venture in a $161 Mil Deal
6/07/24
In a sizable institutional res buy in Arizona, a venture between Kairoi Residential and German American Realty, a fund and investment manager specializing in residential rental properties in the United States, acquired Carter...
|
• Bendetti-Led Venture Picks Up 257k sf TX Industrial Property
6/07/24
Bendetti has purchased Proto Park, a 257.2k sf industrial asset located at 3200 Irving Blvd in Dallas, TX. The property is 100% leased to Morrison Supply, Taxila Stone, Preziosa Stone, Dynasty Distilling and an undisclosed in...
|
• Walker Family Breaks Ground on New 3.8 msf Class A Logistics and Cold Storage Development in Laredo, TX
6/06/24
The Walker Family has broken ground on Township Logistics Park at Talise (“TLPT”), a brand new 268-acre Class A logistics and cold storage development slated to total up to 3.8 msf of warehouse and distribution space in Lared...
|
• Empire Group of Companies Lands $47 Mil for Construction of Texas Build-to-Rent Project
6/05/24
Empire Group of Companies has obtained $47.4 mil in non-recourse financing for construction of Village at Mayfair, a 217-unit Build-to-Rent community in New Braunfels, TX. The project will be situated on nearly 20 acres withi...
|
• Three-Building, 412k sf Peoria, AZ Industrial Project Completed
6/05/24
Caliber by Greystar, a three-building, Class A industrial development in Peoria, AZ, has been completed. Caliber marks the first development piece to deliver within Greystar’s $500 mil, 88-acre Peoria Place masterplan, which ...
|
• Recently Completed Fort Worth Industrial Facility Trades
6/05/24
A 267.3k sf industrial property in Fort Worth, TX traded hands in a recent deal. The property, DFW Point35 – Building 1, located at 11085 Harmon Rd, is fully occupied by GITI Tire, which uses the site to distribute to local a...
|
• Chatham Lodging Trust Acquires 148-Room Hotel Property in Phoenix
6/03/24
Chatham Lodging Trust purchased the 148-room Home2 Suites by Hilton Phoenix Downtown in a $43.3 mil ($293k/room) transaction. The asset was sold by Anish Hotels Group.
Strategically located in the heart of downtown at 125 Ea...
|
• Commercial Real Estate Financing Briefs
5/31/24
CBRE CAPITAL MARKETS - Bruce Francis, Bob Ybarra, Shaun Moothart, Doug Birrell, Nick Santangelo and Jim Korinek with CBRE's Capital Markets Debt and Structured Finance team secured a $44 mil refi loan on Queen Creek Commerce...
|
• Florida Investor Exchanges into Two Texas Brakes Plus Properties
5/31/24
Two single-tenant net-leased properties occupied by Brakes Plus in North Richland Hills and Killeen, Texas, traded hands in separate transactions. They were both acquired by a Florida-based private 1031 exchange investor.
On...
|
Return to the Texas/Southwest area
