|
• Steadfast Apartment REIT Picks Up Over 1,000 Res Units in Missouri and Texas
9/03/15
Steadfast Apartment REIT recently purchased four apartment communities totaling 1,072 units in two separate transactions for an aggregate purchase price of $157 mil. Steadfast plans to implement a revitalization strategy at t...
|
• San Diego Developer Buys AZ Res Property with $27 Mil in Financing
9/02/15
Meridian Capital Group has arranged a $27 mil loan for the acquisition and renovation of Indian Springs Village, a multifamily property located in Mesa, AZ, on behalf of a San Diego-based multifamily developer.
Indian Spring...
|
• Leasing Gets Underway at New, 280-Unit Res Project in Denver
9/01/15
Leasing is now underway at Alta City House, a five-story, 280-unit mid-rise apartment community in the heart of Denver’s Union Station/Riverfront Park redevelopment. The luxury development at 1801 Chestnut St is complete and ...
|
• The Bascom Group Wraps Up 157-Unit CO Res Buy
8/31/15
The Bascom Group LLC has acquired 52nd Marketplace, a 157-unit multifamily community located in rapidly improving submarket of Arvada, CO, for $21.6 mil ($138k/unit). The property, situated within the western portion of metro...
|
• Triple-Net Retail Asset at Gateway to Popular CO Ski Resorts Sells for $1,500/sf
8/28/15
Silverthorne Investors LLC purchased a 100 percent-occupied, NNN 7-Eleven and Shell Gas Station along with a planned Dunkin Donuts Silverthorne, CO, a town of about 4,000 people situated roughly 65 miles west of Denver.
The...
|
• Passco Buys 304-Unit TX Multifamily Asset
8/27/15
Passco Companies LLC has acquired Lone Oak Apartments, a recently completed, 304-unit multifamily community located in Round Rock, TX, a suburb of Austin. The property was sold by Abacus Capital Group in an off-market deal. T...
|
• Soma Capital Partners Buys The LAB in Denver
8/25/15
The LAB, a newly completed 78.6k sf office building in Denver, was purchased by Soma Capital Partners (SCP) after completion of the development this month. The project is located at 2420 17th St, adjacent to I-25 at Platte St...
|
• Hines-Led Venture Buys 311-Acre Site in Frisco, TX for Master-Planned Res Community
8/25/15
Hines and Trez Capital Limited Partnership, one of Canada's largest private real estate financiers, have acquired a 311-acre property in Frisco, TX, on which the partnership will develop Edgestone at Legacy, a signature singl...
|
• JF Capital to Start Work on $28 Mil Upscale Res Project in Salt Lake City
8/20/15
JF Capital, a Utah-based real estate investment management and development firm, has obtained debt and equity funding to commence construction on a $28 mil luxury apartment development in downtown Salt Lake City. The 158-unit...
|
• Richardson, TX Office Complex is Buchanan Street Partners’ Second Buy in the Dallas Area this Year
8/18/15
Buchanan Street Partners, in a venture with CarVal Investors, recently purchased Richardson Office Center I & II, a 238.3k sf campus located in Richardson, TX. The property was sold by Principal Real Estate Investors.
Richar...
|
• Conor Commercial Real Estate and Globe Corporation to Develop 225k sf Spec Industrial Project in Gilbert, AZ
8/11/15
Conor Commercial Real Estate and Globe Corporation, in a joint venture, have acquired a 16-acre land parcel for the development of AZ|60 – a two-building, 225.6k sf industrial project in Gilbert, AZ. Available for-sale or le...
|
• Walker & Dunlop Closes $21 Mil Refi on Wyoming Apartment Complex
8/10/15
Walker & Dunlop Inc closed a $20.8 mil refi loan for The Preserve at Rock Springs, a 184-unit apartment complex in Rock Springs, WY. The loan was structured using the U.S. Housing and Urban Development’s (HUD) Section 223 (a)...
|
• Griffin Capital Essential Asset REIT Buys 100k sf Tucson Facility
8/07/15
Griffin Capital Essential Asset REIT II Inc recently acquired a 100.3k sf facility in Tucso, AZ that is fully leased by Aetna Life Insurance Company in a sale/leaseback deal with Aetna. Aetna has an investment-grade credit ra...
|
• Texas Medical Office Building Portfolio Trades Hands for $56 Mil
8/06/15
American Realty Capital recently completed the acquisition of a medical office buy in Texas, paying $56 mil for a two-building, 163.2k sf ($343/sf) portfolio. The purchase includes the 94.4k sf Legacy Medical Village in Plano...
|
• Las Vegas Private Club Property Offered for Sale
8/06/15
The Stirling Club, a 78k sf, high-end private club on 3.2 acres within the Turnberry Place condo complex in Las Vegas, has been put on the market. Originally constructed in 2001 as a premier private club, the facility ceased ...
|
• Retail Center in North Richland Hills, TX Sells for $33/sf
8/05/15
A private investor paid $6.325 mil for North Hills Village, a 188.9k sf ($33/sf) retail center located in the Mid-Cities area of the Dallas/Fort Worth Metroplex in North Richland Hills, TX. The property was sold by a subsidia...
|
• Single-Tenant Restaurant Property in Nevada Trades in Ground Lease Deal
7/31/15
A single-tenant, 9.5k sf property fully occupied by Miller’s Ale House restaurant in Henderson, NV traded hands in a $5.25 mil ground lease sale. Located at 594 Stephanie St on just over two acres, the property is newly built...
|
• Strategic Storage Growth Trust Inc Agrees to Acquire Certificate of Occupancy Facility in AZ
7/30/15
Strategic Storage Growth Trust Inc (SSGT) recently entered into its first contract to acquire a certificate of occupancy facility consisting of a ground-up self-storage development located in the South Mountain Village area o...
|
• Abilene Christian University Signs Long-Term Lease for 25k sf in Addison, TX
7/27/15
Abilene Christian University (ACU) has signed a long-term lease for 25k sf of office space at One Hanover Park, an eight-story, 195.9k sf Class A office building in Addison, TX. The property is located at 16633 North Dallas P...
|
• Buyer Pays $632/sf for AZ Single-Tenant Walgreens Property
7/22/15
A freestanding, 15.4k sf, single-tenant retail property occupied by Walgreens in Tucson, AZ sold for $9.73 mil ($632/sf). The property’s absolute, NNN-lease with Walgreens is corporate-guaranteed and has 23 years remaining on...
|
Return to the Texas/Southwest area
