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• Henderson, NV Apartment Sale Sets Records
6/02/14
San Francisco-based Hamilton Zanze recently bought Elysian Parc, a 164-unit luxury apartment complex in Henderson, NV, for $26 mil. The transaction came in at a record price of $158.5k/unit and a record $152/sf for the Las Ve...
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• NorthMarq Capital Arranges $74 Mil on Three Multifamily Properties
5/27/14
NorthMarq Capital arranged refinancing deals on three multifamily properties in separate deals totaling more than $74 mil. The transactions, arranged by NorthMarq’s Marty Meagher and Gardiner Champlin, are for properties in S...
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• Cardinal Group Cos Leases 11k sf of Denver Office Space
5/27/14
Cardinal Group Cos has leased 11.3k sf of office space at Mountain Towers, a 19-story office building in Denver. The 209.8k sf property, located at 4100 E. Mississippi Ave, is owned by Northridge Capital, based in Washington ...
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• AZ Seniors Manufactured Housing Community Goes for $7.35 Mil
5/27/14
Peoria Mobile Estates, a senior (55+) manufactured housing community in Peoria, AZ, Was purchased for $7.35 mil by an Arizona-based company that owns and operates a dozen other manufactured housing communities. It was sold b...
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• Real Estate Capital Partners Acquires 248-Unit Phoenix Res Asset
5/27/14
Real Estate Capital Partners (“RECP”) recently acquired Crestone at Shadow Mountain Apartments, a 248-unit multifamily community in North Phoenix, for $27.2 mil ($109.7k/unit). It was sold by P.B. Bell, who will remain in-pla...
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• Boulder, CO Office/Retail Building Sells for $233/sf
5/22/14
Hilltop Plaza, a 25.8k sf office/retail property in Boulder, CO, sold for around $6 mil ($233/sf). Located at 1310 College Ave, just west of Broadway St, the asset was sold by an affiliate of Green Courte Partners LLC to an u...
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• Holualoa Companies Collects $26.5 Mil from AZ Retail Disposition
5/21/14
Hayden Station, a 107.5k sf, mixed-use office and retail property in Tempe, AZ was acquired by Mill Avenue Office LLC for $26.5 mil, or $247/sf. The property, located on the southwest corner of Mill Ave and 3rd St, was sold b...
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• Resmark, Westfield and Greystar Start Work on 344-Unit AZ Res Community
5/20/14
A new joint venture between Resmark Apartment Living, Westfield and Greystar has broken ground on a 344-residence apartment community in Desert Ridge, AZ, about 11 miles north of Scottsdale. The project is on a 15-acre site a...
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• Investors Trade 236-Unit Phoenix Multifamily Community
5/16/14
Tuscany Pointe Apartments, a 236-unit multifamily community in Phoenix, AZ, recently sold for $10.1 mil, or about $42.8k/unit. The property is located on 8.3 acres at 14830 North Black Canyon Hwy between the North Interstate ...
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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...
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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...
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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...
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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...
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