Commercial Real Estate News 06-20-17
Sales Transactions 1. On behalf of TR Camelback Corp., the Phoenix office of JLL announced the sale of 3131 and 3133 Camelback to Archon Acquisition LLC, a Goldman Sachs Click here to read the full article.
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Commercial Real Estate
Commercial Real Estate News 06-13-17
Sales Transactions 1. The iconic Hyatt Regency Phoenix, one of downtown’s biggest hotels, has sold for $107M. The buyer was an investor group led by Gem Realty. DiNapoli Click here to read the full article.
Commercial Real Estate News 06-06-17
Sales Transactions 1. Two tenant-in-common entities led by Bridge Investment Group paid $77.05M ($117/unit) to acquire the 659-unit Onnix apartments at 1500 E. Broadway Click here to read the full article.
Commercial Real Estate News 05-30-17
Sales Transactions 1. CBRE Group, Inc., has arranged the sale of Andante, a 576-unit, Class A multifamily community located at 15801 S. 48th Street in Phoenix’s Ahwatukee Click here to read the full article.
Commercial Real Estate News 05-23-17
Sales Transactions 1. A 113.3KSF office building and call center for Home Depot Inc. has sold for $21.13M. Holliday Fenoglio Fowler LP brokered the sales between seller Click here to read the full article.
Commercial Real Estate News 05-16-17
Sales Transactions 1. Healthcare Trust of America, Inc. announced that it closed on the previously announced medical office building portfolio in Arizona and Southern Click here to read the full article.
Commercial Real Estate News 05-09-17
Pending Transactions 1. Scottsdale-based Healthcare Trust of America Inc. is looking to purchase a $2.75B, 6.1MSF medical office portfolio from Indiana-based Duke Realty Click here to read the full article.
Commercial Real Estate News 05-02-17
Transfer 1. Maricopa County has announced it will transfer the deed to land for the homeless services center at 12th Avenue and Madison to non-profit Homeless Services Click here to read the full article.
Commercial Real Estate News 04-25-17
Sales Transactions 1. Institutional Property Advisors (IPA), a division of Marcus & Millichap announced the sale of Indigo Creek, a 408-unit multifamily community in Click here to read the full article.
Commercial Real Estate News 04-11-17
Sales Transactions 1. Colliers International in Greater Phoenix has completed the $19.5M sale of Desert Gardens apartments at 13517 W. Glendale Ave. in Glendale. Trevor Click here to read the full article.
Commercial Real Estate News 04-04-17
Sales Transactions 1. Berkadia has announced the sale of The Montego, a 154-unit multifamily property located at 949 South Longmore Street, Mesa, AZ. Mark Forrester, Ric Click here to read the full article.
Commercial Real Estate News 03-28-17
Sales Transactions 1. The Phoenix City Council voted unanimously to sell the Translational Genomics Research Institute headquarters on the Phoenix Biomedical Campus in Click here to read the full article.
Commercial Real Estate News 03-21-17
Sales Transactions 1. Companies formed by Communities SouthWest assembled and purchased four properties totaling 310 acres representing the north half of a master planned Click here to read the full article.
Commercial Real Estate News 03-14-17
Sales Transactions 1. Cal Am Properties, Inc. purchased the 415-space Far Horizon East Mobile Home Park in Tucson for $33M ($79.5K/space) and the adjoining Far Horizons RV Click here to read the full article.
Commercial Real Estate News 03-07-17
Sales Transactions 1. L’Auberge de Sedona, along with its sister property Orchards Inn Sedona, have been purchased by Maryland-based DiamondRock Hospitality Co. for Click here to read the full article.
Commercial Real Estate News 02-28-17
Sales Transactions 1. Cushman & Wakefield have announced that Houston-based Riva Ridge Development purchased CBIZ Plaza, located at 3101 and 3111 N. Central Avenue in Click here to read the full article.
Commercial Real Estate News 02-21-17
Sales Transactions 1. LivCor LLC, an affiliate of Blackstone Real Estate Advisors L.P. in New York City, has added to its multi-family holdings in the Valley by paying Click here to read the full article.
Commercial Real Estate News 02-14-17
Sales Transactions 1. Millburn & Co., Salt Lake City, has paid $71.45M for 700 apartments in two Mesa communities. The sellers in two transactions were companies formed Click here to read the full article.
Commercial Real Estate News 02-07-17
Sales Transactions 1. ABI Multifamily has announced the sale of Town Center Apartments, a Class “A” garden-style apartment community in Cave Creek for $22.65M Click here to read the full article.
Commercial Real Estate News 01-31-17
Sales Transactions 1. Cushman & Wakefield has announced Park West, located at the northwest corner of Loop 101 and Northern Avenue in Peoria, sold for $34.45M to CIRE Click here to read the full article.
Commercial Real Estate News 01-24-17
Sales Transactions 1. In a $51M deal, real estate investor and operator MG Properties Group (MGPG) has acquired the 330-unit apartment community Scottsdale Horizon Click here to read the full article.
Commercial Real Estate News 01-17-17
Sales Transactions 1. American Hotel Income Properties REIT LP has added two more hotels totaling 529 keys – and including the 224-room Embassy Suites by Hilton Phoenix Click here to read the full article.
Commercial Real Estate News 01-10-17
Sales Transactions 1. Pima Crossing, on the NWC of Shea Boulevard and Pima Road, Scottsdale, has sold for $46.25M to a Karlin Real Estate entity. Cushman & Wakefield’s Click here to read the full article.
Commercial Real Estate News 01-03-17
Awards & Accolades 1. Real Estate Daily News has named the $47.3M ($340/SF) sale of the 139KSF Wilmot Plaza multi-building retail center at Broadway and Wilmot roads as Click here to read the full article.
Commercial Real Estate News 12-20-16
Sales Transactions 1. Oaktree Capital Management L.P. is teaming up with Cypress Office Properties to buy almost all of the office space in the Renaissance Click here to read the full article.
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