Commercial Real Estate Transactions 08-20-2019
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 BEX
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Commercial Real Estate
Commercial Real Estate Transactions 08-13-2019
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 BEX
Commercial Real Estate Transactions 08-06-2019
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, BEX
Commercial Real Estate Transactions 07-30-2019
Sales Transactions 1. Institutional Property Advisors (IPA) announced the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property BEX
Commercial Real Estate Transactions 07-23-2019
Sales Transactions 1. Institutional Property Advisors, a division of Marcus & Millichap, announced the $65.4M sale of Aventura, a 408-unit multifamily property in BEX
Commercial Real Estate Transactions 07-16-2019
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 BEX
Commercial Real Estate Transactions 07-09-2019
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 BEX
Commercial Real Estate Transactions 07-02-2019
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. BEX
Commercial Real Estate Transactions 06-25-2019
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, BEX
Commercial Real Estate Transactions 06-18-2019
Sales Transactions 1. MG Properties Group recently paid $73.7M for the 379-unit Elevate at Discovery Park apartment complex at 1820 E. Bell De Mar Dr., Tempe. 2. Baron BEX
Commercial Real Estate Transactions 06-11-2019
Sales Transactions 1. Virtú Investments sold the 194-unit La Costa at Dobson Ranch at 1820 W Linder Ave, Mesa, for $33.8M to a California-based private investor. Berkadia BEX
Commercial Real Estate Transactions 06-04-2019
Sales Transactions 1. Sansome Pacific joint venture recently completed the sale-leaseback transaction for 11 Cabela’s locations for $324M, in what is believed to be the BEX
Commercial Real Estate Transactions 05-28-2019
Sales Transactions 1. CBRE announced the sale of The CORE, a newly built Class A, 282-unit multifamily complex at 15333 N. Hayden Rd in Scottsdale for $80.4M. Tyler Anderson, BEX
Commercial Real Estate Transactions 05-21-2019
Sales Transactions 1. Tides Equities recently purchased the Modern on the Rail, a 488-unit garden-style multifamily property at 1905 W. Las Palmaritas Drive, Phoenix, for BEX
Commercial Real Estate Transactions 05-14-2019
Sales Transactions 1. Continental Realty Advisors (CRA) has completed the sale of Courtney Village Apartments, a multifamily property in Phoenix, for $62.2M. Additional terms BEX
Commercial Real Estate Transactions 05-07-2019
Sales Transactions 1. Investcorp has acquired an eight-building industrial portfolio spread across the U.S. for $170M. The properties house a total of 1.4MSF of space and are BEX
Commercial Real Estate Transactions 04-30-2019
Sales Transactions 1. BH Properties bought the Honeywell International research and development property at 19019 N 59th Ave, Glendale, for $26.5M from Lexington Realty BEX
Commercial Real Estate Transactions 04-23-2019
Sales Transactions 1. Bridge Investment Group has purchased the Verona Park apartment community at 1666 S. Extension Rd. in Mesa for $43.75M. Cindy Cooke and Brad Cooke of BEX
Commercial Real Estate Transactions 04-16-2019
Sales Transactions 1. Millenium Management recently purchased the 590-unit San Sonoma apartment complex at 9101 S. Priest Dr., Tempe, for $71.3M. The seller was Kitchell BEX
Commercial Real Estate Transactions 04-09-2019
Sales Transactions 1. AllianceBernstein shelled out $211M for a 12-property, 2,182-unit portfolio of apartments. The seller was Western Wealth Capital. The portfolio consists BEX
Commercial Real Estate Transactions 04-02-2019
Sales Transactions 1. Institutional Property Advisors (IPA), a division of Marcus & Millichap announced the $52M sale of Alta Midtown, a 225-unit apartment complex in BEX
Commercial Real Estate Transactions 03-26-2019
Sales Transactions 1. Cushman & Wakefield’s Executive Managing Directors, David Fogler and Steven Nicoluzakis represented Alliance Residential Company in the sale of BEX
Commercial Real Estate Transactions 03-12-2019
Sales Transactions 1. Cushman & Wakefield completed the $44.5M sale of Lakeside Drive, a 150-unit Class A, luxury rental community at 500 W. 1st Street in Tempe. BEX
Commercial Real Estate Transactions 03-05-2019
Sales Transactions 1. Five apartment deals around the Valley that recently closed totaled 1,103 units and $196.6M. They are: Avion on Legacy, 7340 E Legacy Blvd, Scottsdale BEX
Commercial Real Estate Transactions 02-26-2019
Sales Transactions 1. P.B. Bell Cos. has sold the 460-unit Laguna Village apartment complex in Chandler for $70.3M. 2. Cushman & Wakefield announced that a fund managed BEX
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