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• Sunrise Management Awarded Assignments for Five Las Vegas Multifamily Properties
3/28/14
Sunrise Management recently added five multifamily communities encompassing 845 units to its Las Vegas portfolio, and added multifamily expert Ana Chase as a regional real estate manager.
Tapped to help oversee the San Diego...
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• San Antonio Office Property Listed for Sale
3/26/14
Shavano Center III, a 63.5k sf three-story office building in San Antonio, TX has been listed for sale by the owner, a local developer. The property is listed by Scott Ryan of Marcus & Millichap, who tells us the asking price...
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• BH Properties Acquires 180-Unit Phoenix Apartment Property
3/25/14
BH Properties has purchased Papago Crossing apartments, a 180-unit apartment complex in Phoenix, for $8.1 mil ($45k/unit). Papago Crossing, which is located at 4530 E. McDowell Rd, at the terminus of the 143 Expwy, by Loop 20...
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• Mentor Properties Buys 216-Unit Monterey Pines
3/21/14
Mentor Properties Inc has purchased Monterey Pines, a 216-unit apartment home community located at 8650 W. Peoria Ave in Peoria, a major suburb of Phoenix. The $10.8 mil sales price equates to $50k per unit.
Developed by Hre...
Price: $4.99
Executive Subscriber Price: Free
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• Thorofare Capital Arranges $14.5 Mil Refi of UT Office Building
3/21/14
Thorofare Capital has provided a San Francisco-based real estate investment and asset management firm with a $14.5 mil senior, secured loan to refinance Lone Peak Center, an 87.7k sf, Class A office building in Draper, UT, ab...
Price: $4.99
Executive Subscriber Price: Free
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• Johnson Capital Arranges $8 Mil for AZ Apartment Community
3/20/14
Neal Churney, CCIM, and Adam Finkel in Johnson Capital’s Phoenix office, have arranged an $8.1 mil loan for a multifamily property in Peoria, AZ. The property, called Monterey Pines, contains 216 units and was built in 1984 o...
Price: $4.99
Executive Subscriber Price: Free
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• San Antonio Office Park Trades Hands
3/19/14
Cherry Ridge Office Park, a four-building, 113.5k sf office complex, was sold by Cherry Ridge Realty LTD, a subsidiary of Houston-based Braun Enterprises. The property is located at 3201 Cherry Ridge St in San Antonio. The pr...
Price: $4.99
Executive Subscriber Price: Free
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• Fortis Property Group Acquires 380k sf of Austin Office Assets
3/14/14
In a major TX office buy, Fortis Property Group LLC recently purchased three buildings, Aspen Lake, Tower of the Hills and Tower Point, totaling 380k sf in Austin. Aspen Lake, a 205k sf building, was vacant at the time of acq...
Price: $4.99
Executive Subscriber Price: Free
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• Johnson Capital Boosts Texas Presence with New Houston Office
3/14/14
Johnson Capital is opening a Houston office to expand its platform in Texas. The new office will be under the direction of current Johnson Capital Senior Vice President Ron Davis and Managing Director Jason Pumpelly, both of ...
Price: $4.99
Executive Subscriber Price: Free
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• Institutional Investor Buys 312-Unit Houston Multifamily Complex
3/14/14
Mediterra at Westchase Apartments, a 312-unit multifamily complex in Houston’s Westchase submarket, was acquired by an institutional investor from California. The terms of the sale were not released.
Built in 1980 on 10.4 ac...
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• Greenway Investment Company Buys 78k sf TX Retail Property
3/14/14
Greenway Investment Company has purchased Denton Town Center, a 77.6k sf shopping center in Denton, TX, about 40 miles northwest of Dallas. The property is located southeast of the intersection of Interstate 35 East and Loop ...
Price: $4.99
Executive Subscriber Price: Free
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• American Bureau of Shipping Inks 259k sf Expansion/Renewal Lease at Greenspoint Place
3/13/14
American Bureau of Shipping (ABS) has agreed to an expansion/renewal lease at Greenspoint Place, a 2 msf, office/retail campus in Houston, TX. ABS has bumped its existing 228.3k sf of space by an additional 30.5k sf, for a t...
Price: $4.99
Executive Subscriber Price: Free
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• HMS Holdings Signs First Office Deal at New 500k sf Vegas Mixed-Use Development
3/13/14
HMS Holdings Corp recently inked the first major office lease at The Gramercy, a 500k sf, mixed-use development currently under construction on 20 acres just west of the 215 beltway at Russell Rd in the southwest Las Vegas va...
Price: $4.99
Executive Subscriber Price: Free
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• Baron Properties Spends $30 Mil on AZ Apartment Community
3/12/14
Alta Park West, a 260-unit, 252.6k sf luxury apartment community in Peoria, AZ, was purchased by Greenwood Village, CO-based Baron Properties for $30.05 mil, or $115.5k/unit. Greenwood Village is a suburb located about 15 mil...
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• MIG Real Estate Completes 168-Unit CO Multifamily Buy
3/12/14
In a recent Denver area multifamily buy, Newport Beach-based MIG Real Estate purchased Copper Terrace Apartments, a 168-unit apartment home community in the Denver Technological Center submarket. The property is located at 65...
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• Flextronics Renews 151k sf TX R&D Facility
3/11/14
Flextronics International USA Inc recently agreed to renew its 151.4k sf of R&D space in Plano, TX. The facility is located at 600 Shiloh Rd and is among several facilities Flextronics operates in North America, located in th...
Price: $4.99
Executive Subscriber Price: Free
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• Whata Deal for Whataburger Site in TX
3/11/14
MJG Properties Ltd purchased the ground leased investment of a 2.7k sf retail pad located at 12311 Nacogdoches Rd, in the Northern Hills area of San Antonio, TX, for $1.75 mil. The property is the site of a brand new Whatabu...
Price: $4.99
Executive Subscriber Price: Free
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• 72-Unit Denver Multifamily Property Sells for $86k/Unit
3/10/14
Federal Square Village Apartments, a 72-unit multifamily property in Denver, was purchased by FSV LLC for $6.175 mil, or $85.8k/unit. The property, located at 3050 W. Floyd Ave, was 97 percent occupied at the time of sale, wi...
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• Cohen Asset Management Buys 395k sf AZ Industrial Asset
3/07/14
Cohen Asset Management has acquired 43rd Avenue Logistics Center, a new state-of-the-art, 394.8k sf industrial facility located in Phoenix, AZ. The asset was purchased in an off-market transaction using joint venture equity f...
Price: $4.99
Executive Subscriber Price: Free
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• Renovation Work Completed at 384k sf Vegas-Area Retail Center
3/07/14
Vestar has completed renovation work at The District at Green Valley Ranch, a 384.1k sf landmark retail property minutes from Las Vegas in Henderson, NV. The project includes such tenants as Whole Foods, West Elm, William So...
Price: $4.99
Executive Subscriber Price: Free
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