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• Beyond Richmond Office Buys Two Houston Office Properties Totaling 295k sf
5/21/25
Irvine-based Beyond Richmond Office LLC recently acquired two office properties totaling 295.7k sf in Houston’s Westchase submarket. The purchase includes 9800 Richmond Avenue, an eight-story 177.4k sf building, and 11000 Ric...
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• Reno Firms CloudTen Residential and Gaston Wilkerson Merge into a Single Residential Management
5/21/25
Reno, NV-based CloudTen Residential has merged with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees and over 8,000 units throughout ...
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• Parkland Development Lands $9 Mil Construction Loan for Three New Dining Sites at Phoenix Area Retail Center
5/19/25
Parkland Development has obtained a $9 mil construction loan for development of three new dining locations at an eight-acre site located at the southeast corner of McDowell Rd and N 107th Ave in Avondale, a West Valley suburb...
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• WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states.
“WNC remains deeply committed to addressing the affordable hous...
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• Stockbridge Acquires 100k sf AZ Industrial Building
5/19/25
In a recent AZ retail trade, Stockbridge purchased Cove Logistics Center, a recently delivered, freestanding 99.5k sf Class A industrial building on over 6.5 acres in Phoenix. The price was not disclosed.
Located at 3755 Wes...
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• Buchanan Street Partners Buys Newly-Built Las Vegas Self-Storage Facility
5/16/25
Newport Beach-based Buchanan Street Partners has acquired a newly-constructed, Class A, three-building self-storage facility in Las Vegas. The property was purchased for $21.8 mil in an off-market transaction directly from th...
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• Libitzky Property Companies Spends $29 Mil on AZ Industrial Facility
5/16/25
Libitzky Property Companies, out of Emeryville, CA, purchased a 141.1k sf, Class A industrial asset in Mesa, AZ for $29.4 mil ($208/sf). The building is currently 100% leased to Cyclic Materials on a brand new 10-year lease.
...
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• Panattoni Development Affiliate Spends $21 Mil on Vegas Industrial Buy
5/14/25
An affiliate of Panattoni Development acquired a three-property, 147.9k sf industrial portfolio in Las Vegas in a deal worth $21 mil, or $142/sf. The buildings were sold by Aristocrat Technologies.
The portfolio includes:
•...
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• Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development
5/14/25
Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
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• Planned 261-Unit AZ Res Development Lands $58 Mil in Construction Money
5/13/25
A new, upscale 261-unit res project in Gilbert, AZ is one step closer to completion as the developer, Artom Holdings LLC, secured a $58 mil construction loan from PCCP LLC for the Class A development. The 220.6k sf project, T...
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• Master-Planned Dev Site in the Heart of Oklahoma City Listed for Sale
5/13/25
A unique, master-planned mixed-use development site encompassing 22 acres in the heart of Oklahoma City (OKC) has been put on the market. Known as Strawberry Fields, the rare urban land offering presents a buyer with the oppo...
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• MC Companies Buys 282-Unit Res Asset in Scottsdale
5/12/25
Scottsdale-based MC Companies has purchased The Core Scottsdale, a 282-unit, Class A luxury multifamily community in North Scottsdale. The asset, located at 15333 Hayden Rd, was sold by a Canadian-based institutional investor...
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• Entrada Partners Picks Up 70-Unit Student Housing Community in Austin, TX
5/12/25
Entrada Partners has acquired 24Longview – a 70-unit, 243-bed, student housing community in Austin, TX. The property is located at 2401 Longview St, east of Hwy 1 and adjacent to the University of Texas at Austin. This is Ent...
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• Colorado Multifamily Building Sells for $237.5k/unit
5/09/25
An eight-unit multifamily building in Longmont, CO traded for $1.9 mil, or $237.5k/unit. The property, located at 3043 17th Ave, fetched the highest price-per-unit sale in Longmont so far in 2025.
The building was built in 1...
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• Walmart Buys 1 msf Salt Lake City Distribution Facility It Had Been Leasing
5/09/25
Giant retailer Walmart Inc purchased a 1.032 msf, Class A distribution building on nearly 60 acres at 990 North 6550 West in Salt Lake City, UT. Prior to purchasing the property, Walmart Fulfillment Services was leasing the ...
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• TGM Closes $90 Mil AZ Multifamily Buy
5/08/25
In an Arizona multifamily buy, New York-based TGM acquired Ocotillo Bay, a 296-unit res community in Chandler, for $90.5 mil, or about $305k/unit. The asset was sold by a national fund manager.
Built in 1997, Ocotillo Bay is...
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• 148k sf Industrial Facility in Salt Lake City Trades
5/07/25
In a recent commercial real estate financing deal in Salt Lake City, a modern, Class A industrial building purchase was financed with a $13.5 mil permanent loan. The 148.3k sf, institutional-quality facility sits on a 9.42-ac...
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• AZ Medical Office Building Trades for $367/sf
5/07/25
A 15k sf, single-tenant medical office property in Tucson, AZ was acquired by Elliot Bay Medical Properties Holdings III LLC in a $5.5 mil ($367/sf) transaction. Located at 4881 Grant Rd, the two-story building is fully lease...
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• Las Vegas Industrial Building Lands New Owner After $24 Mil Trade
5/06/25
In a Las Vegas industrial trade, an 83.3k sf, Class A facility in shell condition sold for $24.1 mil, or about $290/sf. We’re told that this is one of the highest price-per-square-foot transactions in the Las Vegas market for...
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• Capitol Engineering Spends $13 Mil on Phoenix Industrial Facility
5/06/25
In a recent Phoenix owner/user buy, Capitol Engineering Inc paid $13 mil for a 20.4k sf ($637/sf) freestanding industrial building in Metro Phoenix’s sought-after Sky Harbor Airport submarket. The facility, sitting on 11 acre...
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