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• HFF Arranges $125 Mil Refi on Regional Mall in Reno
11/15/11
HFF has arranged a $125 mil refi for Meadowood Mall, an 877k sf regional mall in Reno, Nevada. Located at 5000 #1 Meadowood Mall Circle, off Hwy 395, Meadowood Mall is close to Reno International Airport, the Reno/Sparks Conv...
Price: $4.99
Executive Subscriber Price: Free
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• Vestar Takes Over Management of 400k sf Mixed-Use Center in Glendale, AZ
11/14/11
Phoenix-based Vestar Development Co has taken over as property manager for Westgate City Center, a 10-building, 400k sf mixed-use center in Glendale, AZ. Developed in 2006, Westgate City Center is situated on 34 acres located...
Price: $4.99
Executive Subscriber Price: Free
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• Western National Group and Nor’Wood Development Group Form CO Res Development Partnership
11/08/11
Western National Group’s (WNG) Western National Realty Fund II L.P. and Nor’Wood Development Group have formed a new joint venture relationship to develop three upscale highly amenitized multifamily projects in Colorado Sprin...
Price: $4.99
Executive Subscriber Price: Free
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• Honeywell Renews 252k sf of AZ Industrial Space
11/07/11
Fortune 100 firm Honeywell inked a long-term lease renewal for 252k sf of industrial space that keeps the company, and as many as 400 local jobs, at its current aerospace facility in Glendale, AZ. Honeywell has operated out o...
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• Vestar Closes $80 Mil Vegas-Area Retail Buy
11/01/11
A large, institutional-quality retail asset just traded hands in the Las Vegas area, as Vestar development paid $79.3 mil for The District at Green Valley Ranch, a 384.1k sf ($206/sf) landmark community retail center located ...
Price: $4.99
Executive Subscriber Price: Free
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• 660-Unit AZ Apartment Community Hits the Market
11/01/11
We just learned of a major multifamily listing in Arizona to hit the market. The property, Haven, is a 660-unit apartment community in Tempe. Offered at a list price of $54.225 mil, the property will be sold free and clear of...
Price: $4.99
Executive Subscriber Price: Free
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• HFF Arranges $26 Mil on 900-Unit Reno Multifamily Complex
10/31/11
In a big Nevada financing deal, HFF has arranged a $26 mil refi for Rosewood Park Apartments, a 900-unit multi-housing community in Reno. The complex is situated on 38.13 acres at 4500 Mira Loma Dr, near the Reno/Tahoe Intern...
Price: $4.99
Executive Subscriber Price: Free
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• Sierra Vista, AZ GSA Building Sells for Over $300/sf
10/27/11
A 23.5k sf General Services Administration (GSA) building in Sierra Vista, AZ was acquired by an unnamed New York-based real estate REIT that acquires single-tenant, freestanding properties throughout the U.S. The property tr...
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• Westwood Financial Acquires 25k sf Tempe, AZ Center
10/25/11
National shopping center owner/operator Westwood Financial Corp (WFC) has purchased the 24.5k sf Crossroads of Tempe retail center in Tempe, AZ. It is the company’s latest transaction toward the company’s value-add program, ...
Price: $4.99
Executive Subscriber Price: Free
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• Mesa, AZ Apartment Community Fetches $13 Mil
10/24/11
Country Club Verandas, a 348-unit apartment community in Mesa, AZ, recently sold for $13 mil, or about $ 27.4k/unit. Built in 1985, the property is located at 1415 North Country Club Dr, in northwest Mesa.
Country Club Vera...
Price: $4.99
Executive Subscriber Price: Free
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• Mountain Real Estate Capital and Classic Homes Take Over Stalled CO Res Development
10/12/11
Mountain Real Estate Capital (MREC) has teamed up with Classic Homes of Colorado Springs to develop Promontory Pointe, a 267-lot community located in Monument, CO. The transaction represents MREC’s first investment in the Co...
Price: $4.99
Executive Subscriber Price: Free
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• Pathfinder Partners Closes Third Phoenix-Area Res Buy Since July
10/10/11
San Diego-based Pathfinder Partners LLC has purchased the unsold units at Barolo Place, a high-end condominium project in Scottsdale, AZ from Zaremba Group LLC, the original developer. The property, consisting of eight two-st...
Price: $4.99
Executive Subscriber Price: Free
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• Phoenix Apartment Complex Goes for Just Under $20 Mil
10/07/11
Here's a quick comp on a recent, large Phoenix apartment sale. The property is Palm Court, a 246-unit complex located at 20401 North 19th Ave, which sold for $19.7 mil ($80k/unit).
Palm Court was constructed in 1999 and feat...
Price: $4.99
Executive Subscriber Price: Free
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• Karlin Real Estate Buys Two Scottsdale Retail Centers for $50 Mil
10/06/11
Two Scottsdale retail centers totaling 277k sf of space -- Shea Scottsdale Shopping Center and Shea Scottsdale East – were acquired by Los Angeles-based Karlin Real Estate for $50.32 mil ($181/sf). Both properties were sold ...
Price: $4.99
Executive Subscriber Price: Free
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• NorthMarq Capital Arranges Financings in Vegas and LA Worth Over $50 Mil
10/04/11
The Los Angeles office of NorthMarq Capital recently arranged two substantial multifamily financings, one on a 346-unit property in Las Vegas and the other on three separate assets in LA’s Miracle Mile area.
In Vegas, NorthM...
Price: $4.99
Executive Subscriber Price: Free
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• CB Richard Ellis Investors Closes $53 Mil Phoenix Investment Buy
10/04/11
In a big Phoenix, AZ investment buy, CB Richard Ellis Investors purchased Chase Sky Harbor Operations Center, a 396.2k sf building that serves as the regional headquarters, mission critical data center and security hub for th...
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• AZ Investor Pays $17k/Unit for Multifamily Asset
9/27/11
Arroyo Palms, a 159-unit apartment community in Glendale, AZ, sold for $2.7 mil ($17k/unit). Built in 1979, the property is located at 4444 West Ocotillo Rd, near Interstate 17 and the U.S. 60 Highway.
Arroyo Palms features ...
Price: $4.99
Executive Subscriber Price: Free
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• 123k sf Phoenix Industrial Facility is Leased
9/22/11
Closed Loop Refining & Recovery Inc (CLRR) signed off on a 39-month lease for a 123k sf building at 107 South 41st Ave in Phoenix, AZ. Located one mile south of I-10, the facility is a warehouse-style building well-suited to ...
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• HFF Arranges $15 mil on Two Properties for Client
9/21/11
Omninet Capital LLC has obtained $15 mil in total financing for Siete Square in Phoenix, Arizona and Broadway Industrial in Los Angeles, California. The fixed-rate loans were arranged by HFF and funded by Jefferies LoanCore C...
Price: $4.99
Executive Subscriber Price: Free
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• Tempe, AZ Office Campus Fetches $137 Mil
9/19/11
In one of the biggest Arizona office sales in the last few years, an affiliate of Newport Beach-based KBS Realty Advisors paid $137 mil for Fountainhead Office Plaza, a newly developed, two-building campus in Tempe. Consistin...
Price: $4.99
Executive Subscriber Price: Free
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