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• Hines' Houston Office High-Rise Gets Underway
3/06/14
Hines has started construction on 609 Main at Texas, a 48-story, 1.05 msf office tower at the corner of Main and Texas streets in Downtown Houston, on the Main Street rail line. Construction is expected to take 36 months, wi...
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• BH Properties Closes on another AZ Retail Buy
3/05/14
SoCal-based BH Properties has acquired its fourth retail property in Arizona, adding to its expanding portfolio in the region. The firm purchased Ross Plaza, a 64.7k sf neighborhood center in North Phoenix, for $3 mil ($46/s...
Price: $4.99
Executive Subscriber Price: Free
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• Southwest Value Partners Pays Over $50 Mil for 152-Acre Biz Park in Chandler, AZ
2/28/14
San Diego-based Southwest Value Partners (SVP) has purchased Continuum, a 152-acre, master-planned business park in Chandler, AZ, for $51.75 mil. Continuum, an office and technology business park, is located in the Price Corr...
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• The Laramar Group Has a Lot of Verve
2/28/14
The Laramar Group has been selected as property manager of Verve, a new 285-unit high-rise luxury rental building in the downtown Denver core. The property is owned by Amstar and was developed by The Opus Group.
Verve consis...
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• Advenir Completes Its Third Multifamily Buy in the Dallas/Fort Worth Metroplex in the Past Six Months
2/27/14
Advenir has acquired Advenir@Mission Ranch, a 295-unit, Class A project in Mesquite, TX. The property, purchased from California-based Virtu Investments, was formerly named Mission Ranch. It is Advenir’s third apartment buy i...
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• Thomas Land and Development LLC Gets Funding for Fifth Phase of RIM Power Center in San Antonio
2/26/14
Thomas Land and Development LLC (Thomas) has obtained a $55.2 mil senior construction loan to finance the fifth phase of the RIM, a highly successful power center located in San Antonio, TX. The loan was provided by Canyon Ca...
Price: $4.99
Executive Subscriber Price: Free
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• CA-Based Custom Truck Manufacturer Buys 141k sf Industrial Property in Texas
2/26/14
Valew Truck Bodies, a custom truck manufacturer, has purchased a 141.1k sf industrial property at 4688 State Hwy 16 in Graham, TX. Adelanto, CA-based Valew purchased the two Class A buildings for its first ever manufacturing ...
Price: $4.99
Executive Subscriber Price: Free
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• Alberta Development Partners to Build Mixed-Use Project in Tempe, AZ
2/21/14
Alberta Development Partners obtained $5.7 mil in financing to acquire and entitle a 1.86-acre mixed-use development land site in Tempe, AZ. The site is located on the northwest corner of University Dr and Ash Ave, within the...
Price: $4.99
Executive Subscriber Price: Free
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• Vacant Fort Worth Office Building Recapitalized with New $41 Mil Loan
2/20/14
In a recent Texas office financing deal, PCCP LLC has provided a $41.5 mil senior loan for the recapitalization and lease-up of One City Place, a vacant 314k sf Class A office building in downtown Fort Worth, to an affiliate ...
Price: $4.99
Executive Subscriber Price: Free
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• Johnson Capital Arranges $5 Mil on Cheyenne Multifamily Property
2/20/14
Scott Graber, Senior Vice President in the firm’s Denver office, recently arranged a $5.1 mil loan secured by a 112-unit multifamily property in Cheyenne, WY.
The property, called Prairie View Apartments, is located at 5825 ...
Price: $4.99
Executive Subscriber Price: Free
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• George Smith Partners Arranges $51 Mil for Construction of 360-Unit Las Vegas Multifamily Project
2/19/14
Joint venture partners The Calida Group and Cypress Equity Investments have obtained $51 mil in construction financing for the development of Elysian at the District, a 360-unit, Class A multifamily community in Las Vegas. Da...
Price: $4.99
Executive Subscriber Price: Free
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• Tryperion Partners and Griffin Partners Buy AZ Office Property
2/19/14
Tryperion Partners and Griffin Partners have formed a joint venture to acquire One Agave Center, a 76.8k sf, multi-tenant office building located in South Tempe, AZ. The Class A asset is conveniently located along Interstate ...
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• CO Biz Park Sells for Over $14 Mil
2/19/14
Platte Airpark Center, a 137.6k sf R&D office/flex complex in Colorado Springs, recently sold for $14.35 mil, or just over $100/sf. The complex is located at 320-480 Wooten Rd, on the corner with East Platte Ave, near Peterso...
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• San Antonio Affordable Housing Complex Refinanced with $9.8 Mil Loan
2/18/14
California-based Cesar Chavez Foundation recently obtained a $9.82 mil refi loan on Aguila Oaks Apartments, a 346-unit, affordable, multifamily property located in San Antonio, TX. The 35-year, fully-amortizing FHA loan was p...
Price: $4.99
Executive Subscriber Price: Free
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• Griffis Residential Buys 332-Unit Las Vegas Multifamily Property
2/14/14
Griffis Residential recently completed the acquisition of The Wellington, a 332-unit, luxury apartment community in Las Vegas, for $43.26 mil ($130k/unit). Located at 9550 W Sahara Ave, south of the 95 Fwy and well west of T...
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• Dallas-Area Industrial Portfolio Lands $7.2 Mil in Refi Money
2/14/14
Karlin Real Estate has provided DFW Economy Industrial LLC with a $7.2 mil loan to fund the refinancing of a three-property industrial portfolio in suburban Dallas. Acquired by DFW in 2006, the 268k sf portfolio includes 154k...
Price: $4.99
Executive Subscriber Price: Free
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• Thorofare Capital Provides Financing for Purchase of $8.3 Mil Sub-Performing Note Portfolio
2/13/14
Thorofare Capital has provided a Denver-based private investment firm with financing for the acquisition of a sub-performing note portfolio with an aggregate unpaid principal balance of approximately $8.3 mil.
The distresse...
Price: $4.99
Executive Subscriber Price: Free
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• Rural/Metro Corp Leases 90k sf of Scottsdale Office Space
2/10/14
Rural/Metro Corp inked a lease for 90.5k sf of Class A space in the Pima Office Pavilion in Scottsdale. The Scottsdale-based firm, a provider of private ambulance and fire protection services in 21 states and nearly 700 commu...
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• Reno Multifamily Property Sells for $14.9 Mil
2/05/14
Woodside Village Apartments, a 250-unit garden-style property apartment property in Reno, recently sold for $14.9 mil ($59.6k/unit). The 201.9k sf property, situated on more than 10 acres in a park-like setting at 4800 Kietzk...
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• HFF Arranges Financing for Purchase of 86k sf North Las Vegas Strip Center
2/04/14
HFF has arranged $7.26 mil in financing for the acquisition of Craig Promenade, an 86.4k sf retail strip center in North Las Vegas. The property was purchased in January for $10.1 mil by RREF II-KI Promenade LLC, a partnershi...
Price: $4.99
Executive Subscriber Price: Free
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