|
• Florida Company Buys 141k sf Idaho Logistics Facility
7/01/22
A brand new, Class A warehouse/distribution building totaling 141.4k sf on just over 30 acres in Meridian (Boise), Idaho was acquired by Tampa FL-based Carter Exchange, a Carter Funds company. The newly constructed logistics ...
|
• Scottsdale, AZ Office Trade Works Out to $260/sf
7/01/22
Gainey Ranch Town Center I & II, two Class A office buildings totaling 126.5k sf in the upscale Gainey Ranch trade area of Scottsdale, AZ, sold for $33 mil ($260/sf). The assets were sold by Gainey Ranch Town Properties Inc.
...
|
• Gen II Fund Services Leases 73k sf of Office Space in Denver
6/30/22
Gen II Fund Services LLC, a leading independent private capital fund administrator, has agreed to a multi-floor lease for 72.9k sf of space at Belleview Station, a 384.7k sf Class A office and ground-floor retail project in D...
|
• California Investor Buys Arizona Retail Center in $3 Mil Deal
6/29/22
Fletcher Heights Plaza, a 15.4k sf, multi-tenant retail property in Peoria, AZ, sold for $3 mil ($195/sf). The property, located at 8267-8279 W Lake Pkwy, is a part of a larger project that includes two additional strip cente...
|
• DB Capital Management Buys 149-Unit Multifamily Property in the Denver Area
6/29/22
DB Capital Management has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community in Aurora, for $24.55 mil ($165k/unit).
Completed i...
|
• Stockbridge Buys Fully Leased AZ Single-Tenant Industrial Facility
6/28/22
In a notable AZ industrial acquisition, Stockbridge purchased a recently built, 147.4k sf Class A warehouse/distribution building on 28.6 acres in Mesa, AZ. Located at 3115 N Higley Rd, the single-tenant logistics building w...
|
• LPC Desert West to Build 1 msf Industrial Development Near Tucson International Airport
6/27/22
LPC Desert West plans to develop I-10 International, a Class A industrial development totaling over 1 msf in the Tucson, AZ airport submarket. LPC acquired the land, 77 acres just minutes from both Interstate 10 and Tucson In...
|
• Inland Real Estate Acquisitions Has Acquired Two Build-to-Rent Developments in the Phoenix Metro Area
6/23/22
Inland Real Estate Acquisitions, a Chicago-based REIT, has acquired TerraLane at South Mountain and TerraLane at Canyon Trails, two build-to-rent located in Phoenix and Goodyear, AZ. The two communities, comprising a total of...
|
• Colorado Retail Center Goes for $138/sf
6/21/22
Centerpointe Plaza, a 155k sf neighborhood retail center along North Academy Blvd in Colorado Springs, was purchased by a Denver-based private fund for $21.4 mil ($138/sf). Built in 1983, Centerpointe Plaza comprises five mul...
|
• Iconic 1960s Property in Scottsdale Undergoing a Major Redevelopment
6/21/22
The redevelopment of the iconic mixed-use Papago Plaza, recognizable to many long-time area residents for its Pueblo-style design dating to the 1960s, is taking shape as the area’s demographics are growing and the plaza gener...
|
• Experiential Office Redevelopment in Tempe Seeing Substantial Pre-Leasing Interest
6/20/22
There has been over 32k sf of pre-leasing at an experiential office renovation development still under construction in Tempe, AZ. The $18 mil project, Arbor, is a development of Phoenix-based George Oliver.
Located in down...
|
• Cortland Pays $74.75 Mil for 202-Unit Res Property in Scottsdale, AZ
6/20/22
Atlanta-based Cortland paid $74.75 mil for Centerra, a renovated 202-unit ($370k/unit) apartment community in Scottsdale, AZ. Built in 1986, the property was sold by a partnership between Edgehill and The Tanbic Company.
Cen...
|
• Medical Office Building in Phoenix Sells for Just Over $9 Mil
6/17/22
A 24.8k sf, multi-tenant medical office building in Phoenix traded hands in a recent deal worth $9.05 mil ($365/sf). The freshly renovated, two-story building, known as Missouri Professional Plaza, is 100% leased to a highly ...
|
• AZ Flex Property Gets New Owner in $11 Mil Deal
6/16/22
A 56.2k sf, flex office property in Tempe, AZ was purchased for $11 mil ($195/sf) by RSE Capital Partners LLC. Located at 8123 South Hardy Dr, the single-story building will soon be fully vacant following the departure of its...
|
• WG Group Picks Up 110k sf Phoenix Office Asset
6/16/22
WG Group has acquired Foothills Corporate Centre I, a 110.4k sf, value-add office building in Phoenix. The price was not given out.
Located at 14415 S 50th St, Foothills Corporate Centre I is a single-story, 110.6k sf back o...
|
• ZMR Capital Closes $38.5 Mil Multifamily Buy in Las Vegas
6/16/22
ZMR Capital has acquired Sunridge, a 216-unit multifamily community in Las Vegas, for $38.5 mil ($178k/unit) in an off-market transaction. The deal marks the Florida-based multifamily investment firm’s entry into the Southern...
|
• RREAF Communities Picks Up Over 3,000 Acres in Texas for Master-Planned Community
6/15/22
RREAF Communities, a division of Dallas-based RREAF Holdings has purchased 3,173 acres of land located at the intersection of State Highways 130 and 80 in Caldwell County, between San Antonio and Austin, TX. The land will be ...
|
• CBRE Investment Management Acquires 230k sf Phoenix Industrial Asset
6/15/22
CBRE Investment Management purchased Freeway Logistics Center, a three-building, 230.4k sf Class A industrial complex situated on 19 acres in Phoenix. Built in 2017, the multi-tenant complex that provides frontage along Inter...
|
• Phoenix Res Community Trades in $32 Mil Deal
6/15/22
Loramont on Thomas Apartments, a 180-unit multifamily project in Phoenix, was sold in a $32.1 mil ($178.3k/unit) transaction. The asset was sold by Tower 16 Capital Partners, who acquired the property in December 2019 for $11...
|
• Brixton Capital Buys 150k sf Utah Shopping Center
6/14/22
Brixton Capital has acquired American Fork Center, a 149.9k sf shopping center in American Fork, UT, for an undisclosed amount. The property was sold by a partnership between Western Avenue Capital and ALTO Funds in an off-ma...
|
Return to the Texas/Southwest area
