Commercial Real Estate News 01-19-21
Sales Transactions 1. MG Properties purchased Andante Apartments, a 576-unit, 32-building complex at 15801 S. 48th Street, Phoenix, for $145.25M, from Security BEX
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Commercial Real Estate
Commercial Real Estate Transactions 01-12-21
Sales Transactions 1. TruAmerica Multifamily acquired Pointe at South Mountain Apartments, a 38-building, 364-unit multifamily complex at 8809 S. Pointe Parkway, BEX
Commercial Real Estate Transactions 01-05-2021
Sales Transactions 1. TM Equities purchased Watermark at Gateway Place, a 250-unit class A, Big House multifamily community at 4454 E. Ray Road, Gilbert, for $84.35M, BEX
Commercial Real Estate Transactions 12-22-20
Sales Transactions 1. A group of investors led by Colorado investor Daniel Feiner purchased Alanza Place Apartments, a 360-unit multifamily asset at 1121 N. 44th Street, BEX
Commercial Real Estate Transactions 12-15-20
Sales Transactions 1. Millburn & Company acquired Parc South Mountain, a 258-unit multifamily property at 3400 E. Southern Avenue, Phoenix, from Evergreen BEX
Commercial Real Estate Transactions 12-08-20
Sales Transactions 1. Apex Capital Investments Corporation purchased Grand2, a nine-story, 358KSF, Class AA office building at 1033 W. Roosevelt Way, Tempe, for BEX
Commercial Real Estate Transactions 12-01-20
Sales Transactions 1. An undisclosed buyer purchased The Retreat at the Raven, a 192-unit garden-style multifamily property at 3606 E. Baseline Road, Phoenix, for $49.2M. BEX
Commercial Real Estate Transactions 11-24-20
Sales Transactions 1. An undisclosed buyer represented by Martin Cohan of Marcus and Millichap, Steve Gebing and Cliff David of IPA, purchased Riata, a 300-unit Class A BEX
Commercial Real Estate Transactions 11-17-20
Sales Transactions 1. PCCP acquired the District at Chandler, a 340-unit, four-story apartment complex at 2222 W. Frye Road, Chandler, for $95M. The seller was an entity BEX
Commercial Real Estate Transactions 11-10-20
Sales Transactions 1. D.R. Horton Inc. paid $245.5M for 2,783 acres at the SEC of Elliot and Meridian roads, as the winning bidder in Wednesday’s Arizona State BEX
Commercial Real Estate Transactions 11-03-20
Sales Transactions 1. A global real estate investor purchased a 110.7KSF industrial property at 225 S. 51st Street in the Phoenix Sky Harbor submarket for an BEX
Commercial Real Estate Transactions 10-27-20
Sales Transactions 1. TA Realty acquired Alta North Central, a 229-unit four-story apartment complex at 777 E. Stella Lane, Phoenix, for $75M. The seller was an entity BEX
Commercial Real Estate Transactions 10-20-20
Sales Transactions 1. Western Wealth Capital acquired Onnix Apartments, a 659-unit multifamily property at 1500 E. Broadway Road, Tempe, for $117.5M. The seller BEX
Commercial Real Estate Transactions 10-13-20
Sales Transactions 1. Cortland Partners purchased Metropointe Apartments, a 408-unit multifamily community at 7017 S. Priest Drive, Tempe, for $96.75M. Steve Gebing and BEX
Commercial Real Estate Transactions 10-06-20
Sales Transactions 1. A California-based buyer purchased Mountain Gate Apartments, a 132-unit multifamily community at 4602 E. Paradise Village Parkway North, Phoenix, for BEX
Commercial Real Estate Transactions 09-29-20
Sales Transactions 1. The Praedium Group purchased Liv North Valley, a 385-unit luxury multifamily asset adjacent to the intersection of Interstate 17 and Loop 303/Bob BEX
Arizona Projects 09-25-20
Awards & Accolades 1. Engineering News-Record (ENR) Southwest selected the $275M, 670KSF Banner – University Medical Center tower and the Interstate BEX
Commercial Real Estate Transactions 09-22-20
Sales Transactions 1. Fundamental Income announced its acquisition of vehicle inspection and emissions testing centers for ~$56M from Opus Group AB. Opus, which is BEX
Commercial Real Estate Transactions 09-15-20
Sales Transactions 1. An undisclosed buyer purchased The Vineyard Apartments, a 300-unit multifamily community at 6706 N. Dysart Road, Glendale, for $41M. Newmark Knight BEX
Commercial Real Estate Transactions 09-08-20
Sales Transactions 1. RK Properties has sold Northern Greens Apartments, a 420-unit multifamily property located in Gilbert, for $55.5M on behalf of one of BEX
Commercial Real Estate Transactions 09-01-20
Sales Transactions 1. COMSovereign Holding Corp. a U.S.-based developer of 4G LTE and 5G connectivity and infrastructures, announced that it has signed an agreement to BEX
Commercial Real Estate Transactions 08-25-20
Sales Transactions 1. An unnamed institutional buyer purchased a 50.4KSF Target-occupied building at 1625 Camelback Road, Phoenix, for $20.3M. Newmark Knight Frank Net BEX
Commercial Real Estate Transactions 08-18-20
Sales Transactions 1. Apple Hospitality REIT, Inc. purchased the newly constructed, 105-room Hyatt House and 154-room Hyatt Place at 601 E. 6th Street, Tempe, for a BEX
Commercial Real Estate Transactions 08-11-20
Sales Transactions 1. MHP #1, LLC purchased Desert Pueblo Mobile Home Community, 55+ community with 418 spaces at 1302 W. Ajo Way, Tucson, for $30M. Derek Harris BEX
Commercial Real Estate Transactions 08-04-20
Sales Transactions 1. Knightvest Capital purchased Signature Place, a 300-unit multifamily community at 600 W. Grove Parkwayin south Tempe for $62.5M. CBRE’s Tyler BEX
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