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• Stos Partners Picks Up 95k sf of Industrial Assets in Phoenix
9/18/24
Stos Partners recently closed on the purchase of a 5.3-acre property in Phoenix that includes two freestanding industrial warehouse buildings totaling 94.8k sf of space. The buildings are located at 236 and 240 North 48th Ave...
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• Colorado Grease Monkey Fetches $580/sf
9/18/24
A single-tenant property occupied by Grease Monkey in Lakewood, CO sold for $2.435 mil in a deal that had a cap rate of 6.40%. This is the lowest reported cap rate for a single-tenant Grease Monkey in Colorado in the past two...
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• 104-Unit Res Community in South Central Austin, TX Trades
9/17/24
Thornton Flats, a 104-unit boutique multifamily in South Central Austin, TX, was acquired by Jesse Mamuhewa and David McCutchan of Resolute Capital Partners. The price was not disclosed.
Built in 2017, Thornton Flats is loca...
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• New Colorado Building Leased to The Learning Experience Sells for Over $500/sf
9/17/24
A 10k sf, new construction structure occupied by The Learning Experience in Firestone, CO traded for $5.45 mil ($545/sf). There is a new 15-year lease in place.
Built in 2023, the building sits on 1.13 acres at 10935 Colorad...
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• BKM Capital Partners Spends $21 Mil on 153k sf Vegas Biz Campus
9/17/24
BKM Capital Partners has acquired Escondido Business Park, a two-building, 153.4k sf multi-tenant light industrial park in the Airport submarket of Las Vegas, for $21.3 mil ($139/sf). The small-bay property will be upgraded a...
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• CaliberCos Buys 312k sf Phoenix Office Campus
9/17/24
Scottsdale-based CaliberCos Inc purchased Canyon Corporate Plaza, a 311.7k sf, Class A office campus in Phoenix. The asset was sold by ViaWest Group, who purchased the complex in a joint-venture with New York-based Taconic Ca...
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• Mark IV Capital Receives LEED Certification for Recently Completed 815k sf Industrial Facility in Nevada
9/12/24
Mark IV Capital’s recently constructed Building A, a Class A, 815.2k sf industrial asset at Victory Logistics District in Fernley, NV, has received Leadership in Energy and Environmental Design (LEED) certification from the U...
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• Agora Realty and Management Nearing Completion of 42k sf Medical Office Building in North Las Vegas
9/12/24
Construction of a state-of-the-art, 42k sf medical office building at the heart of the now underway NLV Gateway downtown redevelopment is nearing completion. The facility, located at 1941 N. Jefferson St, is being developed b...
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• Rectangle Investment Management Buys 40k sf Industrial Building in Phoenix
9/10/24
Denver-based Rectangle Investment Management (“Rectangle”) has acquired a 39.6k sf industrial building at 20 S. 69th Ave in Phoenix. The price was not disclosed.
The property is fully leased to Action Gypsum Supply, a key re...
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• Dallas Chick-fil-A Ground Lease Goes for $3.7 Mil
9/02/24
A Dallas-based private 1031 exchange investor paid $3.735 mil for the ground lease purchase of a newly developed Chick-fil-A property in Dallas. Built in 2023, the 4.7k sf restaurant sits on 1.525 acres at 3502 W. Camp Wisdom...
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• Helix Properties Buys 77k sf AZ Medical Office Building
8/29/24
Helix Properties purchased Gateway Medical Center, a 77.4k sf, multi-tenant medical office building in Phoenix, for $7.2 mil, or $93/sf. The two-story structure, located at 690 N Cofco Center Court, was approximately 35% leas...
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• AZ Retail Center Trades in $51 Mil Transaction
8/27/24
Casas Adobes Plaza, a 92.3k sf, Whole Foods-anchored shopping center in Tucson, AZ, traded hands for $51 mil, or $553/sf. The asset was sold by First Washington Realty.
Originally built in 1953 and remodeled in 2014, Casas A...
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• IndiCap and Invesco Real Estate Finish Work on First Phase of 1.5 msf AZ Industrial Development
8/26/24
IndiCap and Invesco Real Estate have completed work on Phase 1 of Virgin Industrial Park, a 1.5 msf industrial development in Glendale, AZ. Virgin Industrial Park, slated to consist of five Class A buildings within Phoenix’s ...
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• Longpoint Realty Partners Buys 69k sf AZ Industrial Facility in $17 Mil Deal
8/26/24
Boston based Longpoint Realty Partners acquired a newly renovated, 68.8k sf single-tenant industrial property in Gilbert, AZ for $17 mil ($247/sf). The building sits on roughly five acres at 1503 West San Pedro St.
The build...
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• TruAmerica Multifamily Acquires 300-Unit TX Res Asset in $50 Mil Transaction
8/26/24
TruAmerica Multifamily acquired Sheridan Park at Spring Creek Apartments, a 300-unit multifamily property located in Plano, one of Dallas/Fort Worth’s most desirable suburbs. The $50.3 mil purchase price, includes the buildin...
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• Libitzky Property Companies Adds 224k sf AZ Industrial Asset to Its Portfolio
8/26/24
NoCal-based Libitzky Property Companies has purchased Parc Germann, a recently constructed industrial project in Chandler, AZ. The asset, situated on 16 acres at 2215 and 2225 East Germann Rd, comprises two state-of-the-art C...
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• October 2nd is RENTV's Arizona CRE State of the Market Conference
8/24/24
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• Class A Industrial Project Completed in Denver
8/23/24
Lovett Industrial has completed construction on Broadway Logistics Center, a new 201.3k sf, Class A front-park rear-load industrial building in Denver, CO. Located at 6795 Broadway, at the corner of W 70th Ave and Broadway, a...
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• Stratford Partners Buys 94-Unit Multifamily Property in Colorado
8/22/24
Stratford Partners has acquired Del Arte Townhomes, a 94-unit res community in Aurora, CO. The deal was financed with a $15.44 mil acquisition loan.
The community is located at 11135 East Alameda Avenue in southwest Aurora. ...
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• Hines, Trez Capital and the Furst Family Purchase 90 Acres in Texas for Master-Planned Community
8/16/24
A venture between Hines, Trez Capital and the Furst Family has acquired the initial 90 acres of what will become Furst Ranch, an expansive master-planned community in Denton County, TX. The project, located outside of Dallas ...
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