Commercial Real Estate News 08-22-17
Sales Transactions 1. The Standard, a 134-unit complex in Old Town Scottsdale, has sold for $43M, a per-unit record of nearly $321K, according to Business Real Estate Weekly Click here to read the full article.
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Commercial Real Estate
Commercial Real Estate News 08-15-17
Sales Transactions 1. CBRE Hotels announced that it has arranged the sale of a 159-room Radisson Hotel located in Chandler to a California-based private partnership for an Click here to read the full article.
Commercial Real Estate News 08-08-17
Sales Transactions 1. Holliday Fenoglio Fowler, L.P. announced that, on behalf of Westwood Financial, it has arranged $171M in first lien financing for two separate Click here to read the full article.
Commercial Real Estate News 08-02-17
Company News 1. CBRE has announced it has been selected as the exclusive agent to market and sell Containers on Grand, a sustainable apartment community made of repurposed Click here to read the full article.
Commercial Real Estate News 07-25-17
Sales Transactions 1. ViaWest Group and Cushman & Wakefield announced the sale of West 101 Business Center, located at 1830-1850 N. 95th Ave., Phoenix. Humphreys Click here to read the full article.
Commercial Real Estate News 07-18-17
Sales Transactions 1. Bascom Arizona Ventures (Bascom Group) completed the $71.5M sale of Arcadia Cove Apartments in Phoenix, commanding $165.5K per unit. The buyer was BH Click here to read the full article.
Commercial Real Estate News 07-11-17
General News 1. Institutional Property Advisors announced that Steve Gebing and Cliff David, senior managing directors, closed five multifamily property transactions Click here to read the full article.
Commercial Real Estate News 06-27-17
Sales Transactions 1. BH Equities LLC and Investcorp have bought the 432-unit Arcadia Cove apartments at 44th and Oak streets in Phoenix. The joint venture paid $71.5M Click here to read the full article.
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.
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.
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