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• CBRE Arranges $30 Mil on Medical Office Properties in SoCal and Texas
1/27/15
CBRE’s Capital Markets’ Debt and Structured Finance Team recently closed three transactions in Southern California and Texas, totaling $29.7 mil. The team secured loans for: Alvarado Medical Office in San Diego, for $10.7 mil...
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• Anchor Tenant Buys 36k sf AZ Office Building
1/26/15
Phoenix Heart, a leading cardiology group in the Phoenix area, has purchased the 35.9k sf Class A office building that they had been occupying as the anchor tenant. The building, located at 5859 Talavi, was sold by Credit Uni...
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• Waypoint Gets Underway
1/23/15
Waypoint, a two-building, 258k sf Class A office development in Mesa, AZ, just broke ground. The project, a development of Harvard Investments and Lincoln Property Company, is being built in conjunction with the City of Mesa....
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• New Austin, TX Office Project Breaks Ground
1/23/15
Crimson Real Estate Fund LP and USAA Real Estate Company have broken ground on a new 129k sf, Class A office building in northwest Austin, TX. The project, Aspen Lake Two, is being developed for the owners by Houston-based Pa...
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• Strong Economy Leads to Strong Land Sales in Dallas-Fort Worth Market
1/22/15
Transwestern’s Fort Worth office completed approximately 3,000 acres of sales transactions valued in excess of $50 mil in 2014. Transwestern Principal Lester Day and Director Matt Bilardi completed the transactions.
“Dallas...
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• Dornin Investment Group Acquires 104k sf Las Vegas Office Asset
1/20/15
Dornin Investment Group has obtained $18 mil in financing for the acquisition and lease‐up of City Centre Place, a six‐story, Class A office building totaling 104k sf in Downtown Las Vegas. The money was provided ...
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• AIMCO Pays $18 Mil for 140-Unit CO Multifamily Asset
1/16/15
Eastpointe Apartments, a 140-unit multifamily community in Boulder, CO, sold for $18 mil, or about $128.6k/unit. It was acquired by Apartment Investment and Management Company (AIMCO).
Built in 1974, the property is situated...
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• Transwestern Selected to Lease 251k sf Office Portfolio in Houston
1/14/15
Affiliates of Miami-based Banyan Street Capital and Los Angeles-based Oaktree Capital Management LP have selected Transwestern to handle the leasing assignement for a three-building, 251.3k sf office portfolio in Houston.
T...
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• Net-Leased Walgreens on Las Vegas Strip Offered for Sale
1/14/15
A net-leased Walgreens drugstore located on the world-famous Las Vegas Strip has been put on the market. The price is open bid, however, the property is expected to trade in the mid-$40 mil range.
The store is situated on a ...
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• Peter H. Thomas and Mitchell Bradford Form Multifamily Investment / Development Firm
1/12/15
Real estate professionals Peter H. Thomas and Mitchell Bradford have formed Thomas Bradford Communities (TBC), a new multifamily investment and development company with offices in Phoenix and Newport Beach.
The company plans...
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• Alfa Laval Inks Deal for 106k sf Build-to-Suit Development at Houston Biz Campus
1/09/15
Alfa Laval Inc, a U.S. subsidiary of the Swedish Corporation Alfa Laval AB, has signed a long-term, build-to-suit lease within Pinto Business Park, a biz campus in Houston owned by Hines in a venture with KKR and Pinto Real E...
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• Hayden Properties Buys 149-Unit TX Res Community
1/08/15
Hayden Properties, out of Lake Oswego, OR, has acquired Castle Hills Townhomes, a 149-unit luxury townhome-style apartment community in San Antonio, TX. The terms of the sale were not released.
Built in 1998 on approximately...
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• North Las Vegas Retail Property Sells for $112/sf
1/08/15
Craig Valley Plaza, a 73.5k sf, multi-tenant retail center in North Las Vegas, sold for $8.2 mil, or $112/sf. The property is located at 4180-4280 W. Craig Rd, at the northeast corner of Craig Rd and Valley Dr.
Charles Mo...
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• Transwestern Lands Leasing Assignment for Houston-Area Medical/Office Project
1/07/15
Mischer Investments LP has awarded Transwestern the leasing assignment for Cypress Creek Lakes, a 29k sf medical and office development in Cypress, just northwest of Houston. Construction will get started on the project, loca...
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• Whitestone REIT Spends $41 Mil on Two TX Retail Centers
12/31/14
Whitestone REIT completed the acquisitions of two Community Centered Properties in Sugar Land, TX. The properties, Williams Trace Plaza and Shops at Williams Trace, represent Whitestone's first purchases in the Houston market...
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• Texas Dev Site Being Sold Through Micoley.com Auction Site
12/24/14
Here’s the scoop on a prime, 12.258-acre development site that has become available in the eastern Texas in the town of Lufkin., about 120 miles north of Houston.
It is located off the U.S. 59 freeway and Loop 287, where tra...
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• Steadfast Apartment REIT Adds an Oasis to Its Portfolio
12/24/14
Steadfast Apartment REIT paid $40 mil for The Oasis, a 252-unit apartment community in Colorado Springs, CO. The transaction represents the REIT’s entry into Colorado, and boosts its portfolio to seven apartment communities a...
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Executive Subscriber Price: Free
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• Amstar and Transwestern Development Co to Start Work on San Antonio Res Project
12/24/14
Denver-based Amstar has teamed up with Transwestern Development Co to develop a 229-unit apartment building on a 2.3-acre site in San Antonio that Amstar just acquired. Work on the new development, known as Southtown Flats, w...
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• Transwestern Team in Fort Worth, TX Completes Over 500k sf in Industrial Sales Since September
12/23/14
Transwestern Principal Jeff Givens, Vice Presidents Sarah LanCarte and Todd Hawpe and Associate Tracy Georges, out of the firm’s Fort Worth, TX office, have completed more than 525k sf of industrial sales transactions since S...
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• Security Properties and Enterprise Community Investment Inc Team Up with Colorado Springs Housing Authority in 160-Unit Buy
12/23/14
A venture of Security Properties, Enterprise Community Investment Inc and the Colorado Springs Housing Authority has acquired the Winfield Apartments, a 160-unit multifamily property in Colorado Springs, CO. The property was ...
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