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• Unico Refinances 325k sf CO Office Property
5/15/14
Unico has obtained $28 mil in refi money for Harlequin Plaza, a 324.8k sf suburban office building in Greenwood Village, CO. Tom Wilson, Eric Tupler and Kristian Lichtenfels of HFF arranged the new loan.
Harle...
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• Phoenix Industrial Property Sells for $9 Mil
5/12/14
DCT Industrial Trust purchased 5th Street Industrial, a 110k sf industrial building at 3405-3445 S. 5th St in Phoenix, AZ. The property was sold by Clarion Partners for $9 mil, or $82/sf.
Located west of the I-10 in the hear...
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• Vegas Retail Asset Sells for $11 Mil
5/09/14
First Allied Corporation recently purchased a 60.1k sf portion of Spring Valley Town Center in Las Vegas. The retail asset was acquired from David Jewkes of Integris Realty Services, who acted as court appointed receiver on b...
Price: $4.99
Executive Subscriber Price: Free
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• Lowe Enterprises Investors Purchases 366k sf Denver Office Property
5/08/14
Lowe Enterprises Investors (LEI) has acquired Stanford Place II, a 366.2k sf, Class A office building in Denver on behalf of an investment client. The transaction value was not given out.
Built in 1982, the 17-story buildin...
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• MCA Realty Closes on Three Vegas Acquisitions
5/08/14
MCA Realty recently acquired three properties in the Las Vegas market. The purchases, which included a 114.8k sf multi-tenant industrial business park, a 27.2k sf multi-tenant industrial business park and a 20k sf single-tena...
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• San Antonio Medical Office Building Sells
5/07/14
A subsidiary of Senior Housing Property Trust (SNH) has purchased the Texas Center for Athletes, a 128.3k sf, state-of-the-art medical office building in San Antonio’s South Texas Medical Center. The price was not disclosed.
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• Greenlaw Partners and The Broe Group are Marketing Renovated 90k sf Tempe, AZ Office Asset for Lease
5/05/14
Greenlaw Partners and The Broe Group are marketing Tempe 10/60 Corporate Center (formerly known as Corporate Fountains), a 90k sf office project in Tempe, AZ, for lease. Demand for high density space in Tempe spurred demoliti...
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• Work Gets Started on 265-Unit Res Complex in Englewood, CO
5/01/14
Construction is under way on Elevation at County Line Station, a 265-unit apartment community in Englewood, CO. The new $44 mil project is being developed by Denver-based Grand Peaks Properties and was designed by KTGY Group ...
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• Toyota to Relocate Three HQ Locations into New Facility to Be Built in Plano, TX
4/29/14
Toyota has announced that the company is establishing a new headquarters in North Dallas (Plano), TX for its North American operations in a move designed to better serve customers and position Toyota for sustainable, long-ter...
Price: $4.99
Executive Subscriber Price: Free
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• HFF Arranges Acquisition Money for 450-Unit CO Apt Buy
4/28/14
HFF secured acquisition financing worked on behalf of a joint venture between Cardinal Group Investments LLC and Capital Solutions for Fairways at Lowry, a 450-unit multi-housing community in the Lowry submarket of Denver, CO...
Price: $4.99
Executive Subscriber Price: Free
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• Johnson Capital Arranges $8.9 Mil Loan on AZ Res Community
4/25/14
Neal Churney, CCIM, Senior Vice President, and Adam Finkel, Vice President, in Johnson Capital’s Phoenix office, have arranged an $8.9 mil loan for a multifamily property located in Mesa AZ.
The property, Sandstone Apartment...
Price: $4.99
Executive Subscriber Price: Free
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• Beech Street Capital Arranges $9 Mil Freddie Mac Loan on Longmont, CO Apartment Property
4/25/14
Beech Street Capital provided a $9.1 mil Freddie Mac CME loan to refinance Grandview Meadows Phase III, a 96-unit garden-style apartment complex in Longmont, CO. The borrower was M. Timm Development Inc, a real estate develo...
Price: $4.99
Executive Subscriber Price: Free
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• Stockdale Capital Partners Buys 409k sf of TX Office Property
4/25/14
Stockdale Capital Partners has purchased Sugar Creek I and II, a 409.2k sf office park in Sugar Land, TX. The asset was sold by Granite Properties and MetLife. The price was not disclosed.
The office property was 96.1% occup...
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• Johnson Capital Arranges $9.4 Mil on AZ Res Community
4/18/14
Neal Churney, CCIM, Senior Vice President, and Adam Finkel, Vice President, in Johnson Capital’s Phoenix office, have arranged a $9.38 mil loan for a multifamily property located in Phoenix AZ.
The property, Bayside Apartmen...
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• Vegas Single-Tenant Property Occupied by Lowe’s Sells for $11 Mil
4/18/14
Chicago-based First Acorn LLC paid roughly $11 mil for a 175k sf, single-tenant property in the North Las Vegas area occupied by Lowe’s Home Improvement on a NNN, zero cash flow ground lease. The lease still has 16 years rema...
Price: $4.99
Executive Subscriber Price: Free
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• William Warren Group Spends $33 Mil on Six CO Self-Storage Assets
4/18/14
In notable self-storage deal news, William Warren Group (WWG) purchased six self-storage facilities in Colorado for $33.24 mil. The six locations consist of 353.9k sf of space and 2,692 units.
“We believe there is a signific...
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• Phoenix Office Asset Trades for $25 Mil
4/14/14
Camelback Arboleda, a 178.8k sf, multi-tenant office building situated in the heart of Phoenix’s prestigious Camelback Corridor, sold for $24.9 mil, or $139/sf. The building, located at 16th St and Camelback Rd, was purchased...
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• CVS Retail Property on the Las Vegas Strip Sells
4/14/14
An affiliate of Capital Square Realty Advisors LLC has purchased a 14.4k sf CVS retail property on the Las Vegas Strip. Located at 2700 S. Las Vegas Blvd, the retail facility is situated on the ground floor of Sky Las Vegas, ...
Price: $4.99
Executive Subscriber Price: Free
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• 276-Unit Tempe, AZ Res Community Refinanced with $29 Mil Loan
4/14/14
The Premiere Residential Communities has obtained $29 mil in refi money for San Marbeya Apartments, a 276-unit, Class A, luxury rental community in Tempe, AZ. The property is located at 1720 E. Broadway, less than a mile from...
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• Salt Lake City Industrial Sale Comes in at $15 Mil
4/11/14
Pacific Landing III, a 345.7k sf distribution building in Salt Lake City, was bought by Exeter Property Group for $15 mil ($43/sf) in what we’re told is the largest industrial property sale in the city so far for 2014.
The b...
Price: $4.99
Executive Subscriber Price: Free
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