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September 21, 2023
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TEXAS/SOUTHWEST HEADLINES
AZ Industrial Building Bought by Owner/User in $5.5 Mil Deal
9/21/23
23k sf facility goes for $235/sf

Office Property in Fort Collins, CO Trades for almost $500/sf
9/20/23
Well-located 6.8k sf building could also be leased to retail tenants

Slick City Action Park Leases 34k sf of Space at AZ Retail Center
9/20/23
10-year deal is at Thunderbird Village in Peoria

Perpetual Housing Fund of Utah and Rocky Mountain Homes Fund Buy Salt Lake City Office Tower
9/20/23
Buyer plans to convert the property into mixed-use/housing project



Hawkeye INVSCO Buys 101k sf Colorado Retail Portfolio
9/19/23
Deal is for three centers in Littleton

Calvera Partners buys 192-Unit Multifamily Property in Forth Worth, TX
9/19/23
Purchase is final acquisition in the firmís Multifamily Transformation Fund

Arizona Medical Office Complex Sells for $4.6 Mil
9/15/23
17.5k sf asset is in Sun City West

Blue Lake Capital Buys 432-Unit Apartment Complex in Phoenix
9/14/23
Arcadia Cove is sold by Priderock Capital Partners

Rockefeller Group Picks Up Former Walmart Site in North Las Vegas
9/13/23
Plans call for two spec industrial buildings totaling 369k sf

TX Hotel Lands $21 Mil Refi
9/13/23
New loan is on 165-room Colton Court in Lubbock

Echo Real Estate Capital Buys 11.6 Acres of AZ Land for Industrial Development
9/12/23
Firm to build four-building, 182k sf project

Class A Industrial Facility in Tulsa, OK Trades for $84/sf
9/11/23
178k sf building will be used as HQ for professional soccer team

Tempe, AZ Apartment Community Refinanced with New Loan for $16.5 Mil
9/11/23
Gantry arranges financing on 370-unit Lakeview at the Bay

Henderson, NV Office Campus Trades in $17 Mil Transaction
9/08/23
Partners Capital Inc and CNR Retail to convert 92k sf Green Valley Corporate Center into a lifestyle retail center

Industrial Development Site in the Boise Area Trades Hands
9/08/23
12.7-acre property in Caldwell picked up by a transportation company

IDM Companies Obtains $62.6 Mil in Construction Money for Phoenix Res Project
9/06/23
JLL arranges loan on 348-unit Meritum Sonoran Desert

Harbor Capital Buys Vacant Texas Industrial Building
9/01/23
198k sf property is in San Antonio

Utah Hotel Portfolio Trades for $8.9 Mil
9/01/23
Transaction consists of two nearby properties in Cedar City

Merrick Leases 69k sf of Office Space in Colorado
8/30/23
Engineering firm sets up HQ location at Greenwood Corporate Plaza in Greenwood

Rising Realty Partners Pays $23 Mil for North Las Vegas Biz Park
8/30/23
Six-building Northport Business Center goes for $181/sf

Kimley-Horn Leases 79k sf of Office Space in Phoenix
8/22/23
North Carolina firm expanding and relocating from three miles away

Brand new Colorado Industrial Project Trades for $8.5 Mil
8/22/23
36k sf Airpark North in Loveland acquired by The Colorado Floor Company

Commercial Real Estate Financing Briefs
8/21/23
Recent transactions from JLL Capital Markets, BWE, Lucent Capital and Red Oak Capital Holdings

New TX Dollar General Store Trades at 5.25% Cap Rate
8/21/23
Single-tenant property in Georgetown was picked up by a private investor

490k sf Goodyear, AZ Industrial Project Lands $39 Mil Refi Loan
8/18/23
Baker Development Corporation and Foundation Capital Partners land new financing on Yuma|143 development

ViaWest Group Picks Up 587k sf Phoenix Industrial Portfolio
8/16/23
Purchase consists of six buildings

City Lights Church Buys 48k sf Flex Building in Greeley, CO
8/16/23
Structure sits on 4.6 acres

Colorado Distribution Facility Bought for Just Under $30 Mil by Private Investor
8/16/23
150k sf Dove Valley Business Center sold by Westcore

Wood Investments Companies Secures $39 Mil in Refinancings on Two Idaho Retail Centers
8/15/23
Gateway Marketplace and CentrePoint Marketplace are in the Boise area

Denver-Boulder Lab Vacancy Rises in Second Quarter, Remains Among Lowest Nationally
8/15/23
CBRE reports that US life sciences real estate market slows to more sustainable pace in Q2

HVAC/R Equipment Distributor Pays $267/sf for Nevada Owner/User Building
8/15/23
18k sf Henderson property goes for $4.75 mil

Presson Companies Buys 143k sf AZ Office Asset from LPC Desert West in $26.5 Mil Deal
8/15/23
Acquisition is of Gainey Center in Scottsdale

Seven-Property EoS Fitness Portfolio Trades for $94 Mil
8/14/23
Five of the locations are in AZ with the other two in FL

Avondale, AZ Starbucks Relocates into Larger Store Next Door
8/11/23
Site features the regionís first double-drive through with two order points

RADCO Companies Buys 143-Room Phoenix Hospitality Property
8/10/23
Firm to renovate the Aloft Phoenix-Airport hotel

Westcore Closes $92.7 Mil Purchase of AZ Industrial Campus
8/09/23
Firm bought 906k sf Hatcher Industrial Park from development partner, Ryan Companies

MCR Picks Up Two Arizona Hotel Properties
8/07/23
The Hampton Inn by Hilton Phoenix-Biltmore in Phoenix were sold by MIG Real Estate

Trion Properties Wraps Up $41 Mil CO Res Buy
8/04/23
Purchase of 198-unit Trailpoint on Highline in Aurora works out to $209k/unit

Colorado Multifamily Comp Comes in at $100k/Unit
8/04/23
36-unit Belmont Heights Apartments is in Pueblo

CVG Properties Buys Build-to-Rent Community in Phoenix for $27 Mil
8/04/23
80-unit Proximity Baseline was sold by Avenue North

Heitman Affiliate Buys 60k sf Medical Office Asset in Utah
8/02/23
Deal is for Class A Mountain Point Medical Center in Lehi

Stonelake Capital Partners Spends Over $8 Mil on AZ Industrial Building
8/01/23
Deal is for 37k sf structure in Tolleson

Kingsbury Hospitality REIT I Buys 136-Room AZ Hotel Property
8/01/23
$21.5 mil purchase is for Cambria Hotel Phoenix Chandler Fashion Center

InTrust Property Group Locks Up $16.6 Mil Refi on Phoenix Res Property
7/31/23
CBRE arranges new loan on 237-unit Sunset Sound Apartments



 


 


 


 
 





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