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• Global Industrial Distribution Inks Deal for 464k sf of Space in North Las Vegas
12/22/14
In a large industrial lease comp out of Las Vegas, Global Industrial Distribution agreed to a deal for 464.2k sf of space in a 123-month deal worth $21.8 mil ($0.38/sf/mo). The property, located at 3700 Bay Lake Trail in Nort...
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• JS Western Nabs 114k sf Denver Retail Center
12/22/14
JS Western Retail Investments has acquired Greenbriar Plaza shopping center, a 114.1k sf retail center in Denver, for $8.2 mil ($72/sf). The property is situated on nine acres at 7041 to 7181 Pecos St.
Greenbriar Plaza is ...
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• The William Warren Group Spends $28 Mil on Four TX Self-Storage Properties
12/22/14
The William Warren Group (WWG) has acquired four self-storage properties in Texas for approximately $27.9 mil as part of its value-added growth strategy. The facilities consist of a total of 2,257 units with 349k sf of space....
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• Newly Constructed TX Res Complex Sells
12/19/14
Oakland Hills, a newly constructed 120-unit apartment complex in Floresville, TX, traded hands. The price was not disclosed.
Completed this year on an 11.15-acre site at 386 Paloma Dr, the property is on the south side of Fl...
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• Molson Coors Brewing Leases 54k sf at Denver Office Tower
12/19/14
Molson Coors Brewing Co has leased 53.9k sf at the 1801 California Street office tower in Denver’s Central Business District. The Class A high-rise, owned by Brookfield Office Properties, contains 1.3 msf of space over 54 flo...
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• Luxury Res Development Will Be the Envy of Scottsdale
12/17/14
Deco Communities has obtained $19.75 mil in construction financing for the development of Envy, an 89-home, luxury mid-rise condominium project in downtown Scottsdale’s Entertainment District. The non-recourse loan was arran...
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• MIG Real Estate Completes 256-Unit Multifamily Buy in Texas
12/16/14
Newport Beach-based MIG Real Estate completed a significant multifamily in Texas, having acquired Alta Heights, a 256-unit apartment community in Houston.
Alta Heights is located at 145 Heights Blvd, three miles from Downtow...
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• Austin Buyer Picks Up 341-Unit Apartment Complex in Dallas
12/12/14
Bristol Square, a 341-unit apartment complex in Dallas, traded hands. The terms of the sale were not released.
Built in 1987, the property is situated on nearly 10 acres at 1720 John West Rd, near major employers such as UPS...
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• Colorado Retail Center Refinanced with $15.5 Mil in CMBS Money
12/12/14
Noddle Companies has obtained $15.5 mil in refi money for Broadmoore Towne Center, a 143.7k sf shopping center in Colorado Springs, CO. The CMBS loan was arranged by Meridian Capital Group LLC.
The center, located at 1818-20...
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• Texas Multifamily Portfolio Buy Funded with $151 Mil in Loans
12/10/14
Harbor Group International of Norfolk, Virginia recently acquired The England Group Portfolio, a 2,368-unit multifamily portfolio consisting of nine institutional-quality assets, in some of the most sought-after submarkets in...
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• MIG Real Estate Completes 330-Unit TX Apartment Buy
12/05/14
Newport Beach-based MIG Real Estate wrapped up a major Texas multifamily buy, having acquired Elan City Centre, a 330-unit, Class A multifamily community in Dallas. The deal price was not given out.
Elan City Centre is locat...
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• Premier Business Centers Enters Colorado Market with New Denver Location
12/02/14
Premier Business Centers has acquired the assets of an existing executive suite operator out of Chapter 7 bankruptcy in Denver. This is Premier Business Centers’ first executive suites location in Colorado. Irvine-based Premi...
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• BKM Capital Partners Makes $27.5 Mil Investment in Vegas Industrial Assets
12/02/14
BKM Capital Partners has purchased two multi-tenant industrial parks in Las Vegas encompassing 309.9k sf of space, bringing its Vegas portfolio to over 500k sf of space. The properties were acquired from different sellers in ...
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• Phoenix Realty Group Closes 600-Unit Colorado Res Buy
12/02/14
Phoenix Realty Group closed on a major, institutional-quality multifamily buy in the Denver area. The NYC-based firm acquired Chelsea Park Village, a 600-unit property located at 11850 East Maple Ave in Aurora, CO. Chelsea Pa...
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• Houston Office Complex Sees Strong Leasing Activity Since April
12/02/14
There has been about 80k sf of lease transactions since April at the Loop Central office complex in Houston. The complex is located at 4888, 4848 and 4828 Loop Central Drive in the Galleria/West Loop submarket.
In an 18-mon...
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• Construction Started on High-End Res Tower in Denver
12/02/14
Construction has begun on The Confluence, an ultra-luxury, multifamily tower in Denver. The 288-unit, 34-story high-rise is being developed by a joint venture of PM Realty Group and National Real Estate Advisors.
The project...
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• Scottsdale Office Complex Purchased by Regent Properties for $34.6 Mil
11/26/14
Regent Properties, out of Los Angeles, has acquired 90 Mountain View, a 183.6k sf office project in Scottsdale, AZ for $34.6 mil ($188/sf). The property, located at 9977-9999 N. 90th St, was sold by Principal Real Estate Inve...
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• Olympus Property Acquires Major Dallas Res Community
11/25/14
Mosaic, a 440-unit apartment building with 16k sf of ground floor retail in central downtown Dallas, was acquired by Olympus Property, a real estate investment group. The terms of the sale were not released.
Mosaic features...
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• Historic Denver Property Trades Hands
11/21/14
Grant Street Mansion – a 20k sf, historically designated mansion in Denver, was acquired by Unbridled Holdings, LLC. Located at 1115 Grant St in Denver’s Capitol Hill neighborhood, the property was sold by Pathfinder Partners...
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• Pair of Recent Signings Bring Office Portion of New Katy, TX Development to 43% Preleased
11/21/14
Two recent deals have accounted for 15.5k sf of preleasing at LaCenterra at Cinco Ranch Phase III, a mixed-use development in Katy, TX. In these latest signings, Regus will occupy 12.4k sf and Cook Realty Group LLC has leased...
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