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
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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
Commercial Real Estate Transactions 10-08-19
Sales Transactions 1. Griffin Capital Essential Asset REIT has acquired McKesson III, a Class A office building at 5801 N. Pima Road, Scottsdale. Ryan Cos. sold the asset for BEX
Commercial Real Estate Transactions 10-01-19
Sales Transactions 1. Multifamily real estate investment, development and management company Cortland has officially closed on the Pure Multi-Family REIT acquisition for BEX
Commercial Real Estate Transactions 09-24-19
Sales Transactions 1. MG Properties Group recently paid $110.25M for the 512-unit Biscayne Bay Apartments, 300 E. Warner Road, Chandler, from AllianceBernstein US Real Estate BEX
Commercial Real Estate Transactions 09-17-19
Sales Transactions 1. CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero, 7375 N. Zanjero Blvd, Glendale, on behalf of Fore Property BEX
Commercial Real Estate 09-10-19
Sales Transactions 1. The JW Marriott Desert Ridge has sold a record of $602M. Trinity Real Estate Investments and Elliott Management Corp purchased the North Phoenix BEX
Commercial Real Estate Transactions 09-03-2019
Sales Transactions 1. Black Salmon shook hands with partners ScanlanKemper Bard Cos. and Varde Partners Inc. for ownership rights to the U.S. Bank Center, a 375.9KSF, Class A BEX
Commercial Real Estate Transactions 08-27-2019
Sales Transactions 1. Nike paid nearly $70M for the Lincoln Logistics 40 building in Goodyear near the Phoenix Goodyear Airport for their manufacturing facility. Nike BEX
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
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
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