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• Griffin Capital Spends $92 Mil on Denver Area HQ Office Building
2/04/14
Griffin Capital Corporation paid $92 mil for a Class A, 430k sf ($214/sf) office building located at 1300 West 120th Ave in Westminster, CO, just outside of Denver. The four-story building was sold by Avaya Inc, which will co...
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• Laramar Group Picks Up 200-Unit Denver Multifamily Portfolio
2/04/14
The Laramar Group has acquired five multifamily buildings consisting of 202 units in neighborhoods surrounding downtown Denver. The portfolio of transactions closed on January 28, 2014. The properties include:
• Shambhala l...
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• MIG Real Estate Buys 123k sf Vegas Office Portfolio
1/31/14
Newport Beach-based MIG Real Estate has acquired Sansone Pecos II in the southeast Las Vegas suburb of Henderson. The eight-building portfolio of Class “A” medical office/office buildings totals 122.9k sf space. The price was...
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• Hager Pacific Properties’ Buying Spree Includes Eight Acquisitions Over the Last 90 Days
1/29/14
Hager Pacific Properties (HPP) has acquired eight properties over the past 90 days, adding significantly to its 12 msf portfolio. Over the past three months, HPP’s new acquisitions include a distribution building in Central L...
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• Houston Office Tower to Undergo Multi-Million Dollar Re-Do
1/29/14
Hines is about to embark on a multi-million-dollar modernization and repositioning of Two Shell Plaza, a 565k sf office building in the epicenter of downtown Houston. The property, which is located on the block bounded by Lo...
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• Investor Picks Up Industrial Building in Hempstead, TX
1/27/14
A 108k sf industrial building in Hempstead, TX was purchased by a limited liability investment entity. The property, located at 1000 Blasingame Rd, is NNN-leased to Logan Industries International Corp, an industry leader in h...
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• Cole Pays $116 Mil for 430k sf of CO Power Center Space
1/20/14
Cole, a net-lease real estate investment trust (REIT), has purchased a major portion of Cornerstar, a 750k sf regional power center in Aurora, CO, from a joint venture between PCCP LLC and Alberta Development Partners. Cole ...
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• Newmark Realty Capital Arranges $8.5 Mil for AZ Retail Center
1/17/14
Newmark Realty Capital Inc has arranged $8.5 mil in permanent financing for Sun Shadow Square, an 84k sf retail center located in Sun City, AZ. The financing was arranged by Newmark’s Timothy Storey through one of the firm’s ...
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• MIG Real Estate Completes 336-Unit TX Multifamily Buy
1/15/14
Newport Beach-based MIG Real Estate has wrapped a large Texas multifamily buy, having acquired Adagio Swenson Farms, a 336-unit apartment home community in the Far North submarket of Austin, Texas.
Adagio Swenson Farms repr...
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• Pathfinder Partners Closes Its 10th Colorado Acquisition
1/15/14
San Diego-based Pathfinder Partners LLC and Denver-based The Craft Companies LLC have partnered in the purchase of King Lofts, a newly constructed, three-story, 18-unit condominium building above 2.7k sf of ground-floor retai...
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• North Las Vegas Retail Center Trades for $10 Mil
1/14/14
Craig Promenade, an 86.4k sf shopping center in North Las Vegas, traded hands in a transaction valued at $10.1 mil ($117/sf). The property, located at 525-785 W. Craig Rd, was purchased by RREF II-KI Promenade LLC, a joint ve...
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• McCann Realty Partners Starts Work on 350-Unit Houston Res Project
1/09/14
McCann Realty Partners LLC has started construction on Radius at Shadow Creek Ranch Apartments, a 350-unit development in the Pearland submarket of Houston, TX. The property is located in the Shadow Creek Ranch development on...
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• Vestar and UBS Global Asset Managed Fund Team Up in $123 Mil CO Retail Buy
1/09/14
In a big Colorado retail buy, a joint venture between Vestar, and a fund advised by UBS Global Asset Management has acquired Orchard Town Center, a 914k sf, open-air regional retail center located in Westminster, CO. The asse...
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• Voit Real Estate Services Completes 320k sf AZ Biz Park Buy
1/08/14
Voit Real Estate Services has purchased Warner Business Center in Tempe, AZ. The acquisition consists of seven buildings of Class A office and industrial space, totaling 320k sf. The property is located on a 25.2-acre parcel ...
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• RealCo and Patrinely Group Break Ground on 128k sf TX Office Building
1/08/14
USAA Real Estate Company (“RealCo”) and its development partner, Patrinely Group LLC, have broken ground on WestRidge at La Cantera, a 128k sf office building on La Cantera Pkwy within the master-planned La Cantera developmen...
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• TEXAS - Hudson Capital Investments Buys 200-Unit Texas Multifamily Property
1/02/14
Hudson Capital Investments, out of Charleston, SC, has purchased The Palms at Cinco Ranch, a 200-unit, 218.4k sf multifamily apartment complex in Richmond, TX, approximately 15 miles southwest of Houston. The terms of the sal...
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• CIM Group Opens Downtown Las Vegas Hotel/Entertainment Project
1/02/14
Downtown Grand Las Vegas, a modern boutique hotel, casino, and entertainment destination in downtown Las Vegas, recently opened to the public, in November of 2013. Downtown Grand features 634 hotel rooms in two towers—the 18...
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• Johnson Capital Trio Arrange $7.5 Mil on Two Phoenix Apartment Assets
12/26/13
Neal Churney, CCIM, Dave Susank and Adam Finkel in Johnson Capital’s Phoenix office, have arranged two loans totaling $7.55 mil secured by two different apartment assets in the greater Phoenix area. The properties contain a ...
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• Lowe Enterprises and J.P. Morgan Asset Management Acquire Two AZ Office Assets
12/24/13
Lowe Enterprises and J.P. Morgan Asset Management have teamed up in the purchase of a two-building, 327.3k sf portfolio of suburban office properties in Phoenix and Scottsdale, AZ. One of the properties, 5090 40th Street, is...
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• Dornin Investment Group Closes on 98k sf Vegas Office Buy
12/23/13
Dornin Investment Group recently closed on the purchase of a 97.9k sf, Class A office building in Las Vegas. The institutional-quality property, located at 3755 Breakthrough Way, was sold by American Nevada Company.
Locate...
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