Commercial Real Estate
Sales Transactions 1. Sumitomo Corporation of Americas purchased the Collier Center, a 24-story, 578KSF commercial complex located in downtown Phoenix. Eastdil Secured
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December 10, 2019 // 0 Comments
Sales Transactions 1. Forum at Gilbert, LLC purchased The Forum at Gilbert Ranch, a 92K+SF Class A office and medical campus at 1472,1482,1528 and 1530 E. Williams Field Rd
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December 3, 2019 // 0 Comments
Sales Transactions 1. Wilshire Capital Partners purchased 3900 Camelback Center, a Class A, LEED Gold Certified office building located in the Camelback Corridor, for $54.5M.
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November 26, 2019 // 0 Comments
Sales Transactions 1. Knightvest Capital purchased Indigo Palms (now Oxford Apartments), a 432-unit, 404K+SF garden style multi-housing community in Phoenix, for $75M.
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November 19, 2019 // 0 Comments
Sales Transactions 1. Vital Pharmaceuticals, the maker of Bang Energy drinks, bought a nearly 400KSF manufacturing plant in Phoenix near 43rd Avenue and Buckeye Road. The
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November 12, 2019 // 0 Comments
Sales Transactions 1. Crescent Communities has sold Novel Rio, a 209-unit, Class A property at 701 West Rio Salado Pkwy, Tempe to a private investor for $66.3M. 2. Velocis
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November 5, 2019 // 0 Comments
Sales Transactions 1. Geringer Capital purchased Avia 266, a 266-unit multifamily community at 2354 W. University Drive, Mesa, for $45.25M. CBRE’s Tyler Anderson, Sean
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October 29, 2019 // 0 Comments
Sales Transactions 1. Urban Communities S29, LP, an entity formed by Urban Communities of Phoenix, purchased Standard on 29th Apartments, a 357-unit multifamily housing
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October 22, 2019 // 0 Comments
Sales Transactions 1. Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced the acquisition of Phoenix Gateway Center, a
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October 15, 2019 // 0 Comments
Sales Transactions 1. Griffin Capital Essential Asset REIT has acquired McKesson III, a Class A office building at 5801 N. Pima Road, Scottsdale. Ryan Cos. sold the asset for
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October 8, 2019 // 0 Comments
Sales Transactions 1. Multifamily real estate investment, development and management company Cortland has officially closed on the Pure Multi-Family REIT acquisition for
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October 1, 2019 // 0 Comments
Sales Transactions 1. MG Properties Group recently paid $110.25M for the 512-unit Biscayne Bay Apartments, 300 E. Warner Road, Chandler, from AllianceBernstein US Real Estate
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September 24, 2019 // 0 Comments
Sales Transactions 1. CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero, 7375 N. Zanjero Blvd, Glendale, on behalf of Fore Property
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September 17, 2019 // 0 Comments
Sales Transactions 1. The JW Marriott Desert Ridge has sold a record of $602M. Trinity Real Estate Investments and Elliott Management Corp purchased the North Phoenix
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September 10, 2019 // 0 Comments
Sales Transactions 1. Black Salmon shook hands with partners ScanlanKemper Bard Cos. and Varde Partners Inc. for ownership rights to the U.S. Bank Center, a 375.9KSF, Class A
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September 3, 2019 // 0 Comments
Sales Transactions 1. Nike paid nearly $70M for the Lincoln Logistics 40 building in Goodyear near the Phoenix Goodyear Airport for their manufacturing facility. Nike
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August 27, 2019 // 0 Comments
1. Two Marriott-branded hotels in Scottsdale have sold for a combined of $161M to Starwood Capital Group. Host Hotels & Resorts Inc. sold the 243-room Scottsdale Marriott
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August 20, 2019 // 0 Comments
Sales Transactions 1. Blackstone Group LP has dropped $100M to buy San Valiente Luxury Homes, the 604-unit apartment community at 2220 W. Mission Lane, Phoenix, from Millburn
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August 13, 2019 // 0 Comments
Sales Transactions 1. TruAmerica Multifamily has acquired Covington Park, a 520-unit garden-style apartment community in Phoenix for $77.26M. Tyler Anderson, Asher Gunter,
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August 6, 2019 // 0 Comments
Sales Transactions 1. Institutional Property Advisors (IPA) announced the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property
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July 30, 2019 // 0 Comments
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap, announced the $65.4M sale of Aventura, a 408-unit multifamily property in
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July 23, 2019 // 0 Comments
Sales Transactions 1. Solano Ridge I and Solano Ridge II Apartments, a 561-unit multifamily housing community located near 35th Avenue and Northern, sold this month for a
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July 16, 2019 // 0 Comments
Sales Transactions 1. The Praedium Group, a New York City-based real estate investment firm, has recently acquired two brand-new, multifamily properties in the southeast
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July 9, 2019 // 0 Comments
Sales Transactions 1. Acacia Capital Corporation recently purchased Sonoran Vista, a 264-unit Class A multifamily community at 9340 E. Redfield Rd, Scottsdale, for $67M.
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July 2, 2019 // 0 Comments
Sales Transactions 1. Baron Properties has purchased the SanTan by Baron, a 315-unit garden-style apartment community in Gilbert for $67.85M. Tyler Anderson, Sean Cunningham,
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June 25, 2019 // 0 Comments
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