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• MultiView Renews 110k sf HQ Space in Irving, TX
1/27/16
MultiView Inc agreed to a 109.6k sf lease renewal for the digital marketing company’s corporate headquarters in the Dallas area. The firm is at One Panorama Center, located at 7701 Las Colinas Ridge in Irving.
One Panorama ...
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• TriGate Capital Closes Houston Office Buy
1/26/16
TriGate Capital has purchased Northbelt Office Center II, a 124k sf office property in Houston. The asset was sold by C-III Asset Management, a special servicer that took control of the property via foreclosure in April 2014....
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• Vestar Awarded Management Assignment for 430k sf AZ Retail Center
1/26/16
Vestar has been awarded the management assignment for The Groves, a 431.3k sf, community entertainment shopping center located in Tempe, AZ. The Groves is conveniently located near the I-10 Fwy and Elliott Rd in the East Vall...
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• Laurus Acquires 292-Room, CO Ski Resort from Lowe Enterprises Investors
1/26/16
Laurus purchased the 292-room Vail Cascade Resort & Spa in Vail, CO from a Lowe Enterprises Investors investment client. The transaction was financed with an $85.6 mil acquisition loan.
Located at 1300 Westhaven Drive, Vail ...
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• Stanton Road Capital Buys Dallas Area Office Building
1/25/16
Stanton Road Capital recently purchased 3400 Waterview Parkway, a 202.7k sf, Class A office property in Dallas’ Richardson submarket. The building, more commonly known as The Points at Waterview, was acquired through Stanton’...
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• Kidder Mathews Opens Reno Office
1/22/16
Commercial real estate services firm Kidder Mathews has opened an office in Reno and has recruited four of the region's top industrial brokers to help them get off the ground. The company has over 500 real estate professional...
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• De Rito Partners Recapitalizes AZ Power Center in Venture with PCCP
1/21/16
HFF has arranged a recapitalization for The Pavilions at Talking Stick, a 1.1 msf retail power center in Scottsdale, AZ. HFF worked on behalf of the sponsor, De Rito Partners, to arrange the joint venture equity partnership w...
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• Cypress West Partners Awarded Management Assignment for NV Medical Office Campus
1/19/16
Orlando-based CNL Healthcare Properties has awarded Cypress West Partners with the management assignment for a three-building, 140k sf medical office campus in Henderson, NV. The properties, located at 2825-2865 Siena Heights...
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• Acquisition of 225-Unit TX Multifamily Project Financed with $20 Mil Loan
1/14/16
PCCP LLC has provided a $20 mil senior loan for the acquisition and lease-up of the Haven at Westgreen, a newly-constructed, 225-unit Class A multifamily project located in Katy, a western submarket of Houston, TX.
The new...
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• Strategic Storage Growth Trust Spends $12 Mil on San Antonio Facility
1/13/16
Strategic Storage Growth Trust, Inc acquired a self storage facility in San Antonio, TX for approximately $12.3 mil. The facility consists of approximately 385 self-storage units and approximately 49.3k sf of storage space. ...
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• Two-Building AZ Office Campus Sells for $52 Mil
1/12/16
A joint venture between ViaWest Group and Contrarian Capital Management, of Greenwich, CT, purchased Raintree Corporate Center Phases I & II, a two-building, 300k sf office asset in Scottsdale, AZ, for $52 mil ($173/sf). The ...
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• Newmark Realty Capital Arranges $53 Mil on AZ Retail Center
1/12/16
Newmark Realty Capital Inc. has arranged $53.5 mil in permanent financing for Scottsdale Fiesta, a 494k sf retail center in Scottsdale, AZ. Located off Loop 101 at Shea Blvd, the Fry’s Signature and Home Depot-anchored center...
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• Argentina-Based Buyer Spends $25 Mil on TX Shopping Center
1/11/16
An Argentina-based private real estate holding company closed on a $25.1 mil Houston retail acquisition. The property is Westgate Market, a fully occupied, 80.7k sf shopping center that was sold by a Los Angeles-based private...
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• Industrial Property Trust Buys 340k sf Phoenix Portfolio from Lincoln Property Company
1/07/16
Industrial Property Trust Inc, a CO-based REIT, acquired a five-building Northwest Phoenix industrial portfolio from Lincoln Property Company (LPC) in a $37.98 mil transaction. The deal includes Lincoln Deer Valley and Lincol...
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• KBS Strategic Opportunity REIT II Buys 60k sf Vegas Area Office Property
1/07/16
KBS Strategic Opportunity REIT II has acquired a 59.8k sf, Class A office property in Henderson, NV for $13.4 mil ($224/sf). The building, located at 2200 Paseo Verde, is the only traditional office property located at The Di...
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• LA Investment Group Completes $10.5 Mil Vegas Retail Buy
1/06/16
Sahara Durango Retail Shopping Center, a 45k sf, neighborhood shopping center in Las Vegas, traded hands in a recent $10.55 mil ($234/sf) deal. The property, located on 4.4 acres at 8485 W. Sahara Ave in Vegas’ Spring Valley ...
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• Master-Planned Res Community in Mesa, AZ About to Break Ground
1/04/16
Harvard Investments, The Hill Companies and GTIS Partners LP are about to break ground on Cadence at Gateway, a new master-planned residential community in Mesa, Arizona’s expanding Gateway corridor. Located near the Loop 20...
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• Lincoln Property Company and Invesco Ltd Spend $44 Mil on Historic Phoenix Property
12/23/15
Lincoln Property Company (LPC) and Invesco Ltd have purchased the historic Luhrs City Center, an office/retail complex in downtown Phoenix, for $44 mil. The joint venture will next initiate a multi-million-dollar renovation t...
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• Kirkland & Ellis LLP Inks Lease for 62k sf at New Houston Office Tower
12/23/15
Hines, the international real estate firm, announced today that the international law firm of Kirkland & Ellis LLP, an international law firm, has signed a lease for 62k sf of space at 609 Main at Texas, a new office tower de...
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• Strategic Storage Growth Trust Inc Acquires Three Self-Storage Facilities in TX and CO
12/22/15
Strategic Storage Growth Trust Inc (SSGT) has acquired three self-storage facilities totaling 196.3k sf of storage space and 1,400 units for $26.7 mil. SSGT is sponsored by SmartStop Asset Management LLC.
The portfolio consi...
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