Commercial Real Estate Transactions 03-31-20
Sales Transactions 1. Newmark Knight Frank Multifamily announced the $14.3M sale of Royal Palms, a 138-unit multifamily property at 5902 W. Royal Palm Road, Glendale. BEX
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Commercial Real Estate Transactions 03-24-20
Sales Transactions 1. Guardian Storage Centers purchased Storage at Anthem, a 784-unit self-storage facility located in Anthem for $18.2M. Brian Fulton, Mike Mele, Luke BEX
Commercial Real Estate Transactions 03-17-20
Sales Transactions 1. Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the $123M sale of West Sixth, a core-plus, condo-quality BEX
Commercial Real Estate Transactions 03-10-20
Sales Transactions 1. Cohen Asset Management purchased the West 202 Logistics Center, a 554KSF industrial development leased to Amazon at 59th Avenue and Lower Buckeye in BEX
Commercial Real Estate Transactions 03-03-20
Sales Transactions 1. Landmark Dividend purchased the 184KSF PayPal Inc. central Phoenix data center at the SWC of Third Street and Indian School Road, for $122M. PayPal will BEX
Commercial Real Estate Transactions 02-25-20
Sales Transactions 1. Industrial Logistics Properties Trust, a subsidiary of RMR Group purchased an 820KSF distribution center fully leased to Amazon.com Inc. at 16920 W. BEX
Commercial Real Estate Transactions 02-18-20
Sales Transactions 1. JLL Income Property Trust announced the acquisition of Fountainhead Corporate Park, a 300KSF, two-building Class A office portfolio comprised of two BEX
Commercial Real Estate Transactions 02-11-20
Sales Transactions 1. Southwest Value Partners, A real estate investment firm founded by Phoenix Suns owner Robert Sarver, has purchased the 235-key Hilton Scottsdale Resort BEX
Commercial Real Estate Transactions 02-04-20
Sales Transactions 1. Nelson Partners Student Housing has acquired Sol y Luna, a 14-story, 341-unit modern student housing complex located just 38 feet from the University of BEX
Commercial Real Estate Transactions 01-28-20
Sales Transactions 1. CWS Capital Partners LLC purchased Azure Creek, a 160-unit garden-style multifamily property at 29862 N. Tatum Boulevard, Maricopa, for $36.25M. Senior BEX
Commercial Real Estate Transactions 01-21-20
Sales Transactions 1. The Blackstone Group purchased the 1,003-room Sheraton Phoenix Downtown hotel, located at 340 N. 3rd Street, from Marriott for $268M. In recent months BEX
Commercial Real Estate Transactions 01-14-20
Sales Transactions 1. The ConAm Group purchased Silverbell Springs, a 290-unit multifamily community at 7759 N. Silverbell Rd., Marana, for $50.25M. Tyler Anderson, Asher BEX
Real Estate Companies to Watch in 2020
By Steve Burks for AZ Big Media Here’s a look at some of the top real estate companies to watch in Arizona. These companies have seen tremendous growth in Arizona and they BEX
Commercial Real Estate Transactions 01-07-20
Sales Transactions 1. Partners Group purchased The Biltmore Center, a three building office complex totaling over 643KSF of office space on the NWC of 24th St and Camelback BEX
Commercial Real Estate Transactions 12-24-19
Sales Transactions 1. Heitman Capital Management purchased Aspire Tucson Student Housing, a 10-story tower at 950 Tyndall Avenue, Tucson, for $97M. Jaclyn Fitts, Executive BEX
Commercial Real Estate Transactions 12-17-19
Sales Transactions 1. Starwood Income Real Estate Trust purchased the 277-unit Alta Drinkwater apartment complex at 3234 N. Scottsdale Rd, for $96M. Tyler Anderson, Sean BEX
Commercial Real Estate Transactions 12-10-19
Sales Transactions 1. Sumitomo Corporation of Americas purchased the Collier Center, a 24-story, 578KSF commercial complex located in downtown Phoenix. Eastdil Secured BEX
Commercial Real Estate Transactions 12-03-19
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 BEX
Commercial Real Estate Transactions 11-26-19
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. BEX
Commercial Real Estate Transactions 11-19-19
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. BEX
Commercial Real Estate Transactions 11-12-19
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 BEX
Commercial Real Estate Transactions 11-05-19
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 BEX
Commercial Real Estate Transactions 10-29-19
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 BEX
Commercial Real Estate Transactions 10-22-19
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 BEX
Commercial Real Estate Transactions 10-15-19
Sales Transactions 1. Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced the acquisition of Phoenix Gateway Center, a BEX
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