Arizona
Bridge Office Snags 440K-SF Phoenix Gateway Center
Bridge Office Fund Manager, a subsidiary of Bridge Investment Group LLC, acquired Phoenix Gateway Center, a 439,584-square-foot Class A office… Read more
Signal Hill Retail Center Trades Hands
Phoenix-based BIG Shopping Centers USA, Inc. sold Towne Center East, a fully-leased, 154,750-square-foot retail center in Signal Hill, CA. The… Read more
Avison Young Acquires Phoenix’s Strategic Retail Group
Avison Young broadened its presence in Arizona by acquiring Strategic Retail Group (SRG), which is located in Phoenix. The new… Read more
NewQuest Closes on First AZ Buy; Nabs 117K-SF Anderson Fiesta
Houston-based NewQuest Properties closed on its first wholly-owned asset in Arizona, purchasing the 117,391-square-foot Anderson Fiesta Shopping Center in Chandler,… Read more
352-Unit Solano Vista Trades to SLC Buyer
Sundance Bay LLC plunked down $30.8 million to own the 352-unit Solano Vista in Glendale, AZ. Brian Smuckler, Jeff Seaman,… Read more
Work Begins on PHX’s Liberty Riverside Center Industrial Park
Liberty Property Trust broke ground on two buildings at Liberty Riverside Center in southwest Phoenix. The buildings, measuring 123,638 square… Read more
JLL Expands Project, Development Services Team in L.A.
JLL named Jay Pich as the firm’s Southwest Managing Director for its Project and Development Services’ practice. Based in Los… Read more
Cali Buyer Strikes $110M Deal for Biscayne Bay in Arizona
MG Properties Group acquired Biscayne Bay, a 512-unit apartment complex in Chandler, AZ. The San Diego buyer paid $110.3 million… Read more
Protection Against O-Zone Liability: Q&A with Lovitt & Touché’s Ryan Donahue
While Opportunity Zones can provide a decent return on investment, there is still a high possibility of tax liability. Ryan… Read more
Cortland Completes $1.2B Pure Multi-Family REIT Deal
Atlanta-based Cortland closed on its previously-announced acquisition of Pure Multi-Family REIT for $1.2 billion in cash. The deal means the multifamily real… Read more
Security Properties Pays $28M for Class C MF in Arizona
Security Properties acquired The Rev Apartments, a Class C multifamily property in Tempe, AZ. The Seattle buyer paid Baron Real… Read more
Expert Q&A: Kidder Mathews’ Dupuy Chats about Healthcare RE Valuations
Connect Healthcare is coming up October 2 and 3, 2019 at The Resort at Pelican Hill in Newport Coast. More… Read more
Chase Expands Team in San Diego with Key Hire
Chase added to its Community Development Banking (CDB) team with the appointment of Douglas Leezer as Senior Commercial Banker. Leezer… Read more
Nicholas Ilagan Promoted at CapRock
Newport Beach, CA-based CapRock Partners promoted Nicholas Ilagan to senior vice president, asset management. He will continue to oversee asset… Read more
CRE Veteran Bill Swirtz Joins Colliers Arizona
Bill Swirtz, a 35-year commercial real estate veteran, has joined Colliers International in Arizona as the firm’s vice president. He… Read more
Fifty Mission Capital Buys Forefront’s 950-Unit Portfolio
Fifty Mission Capital LLC reached an agreement-in-principal to acquire outstanding capital interests of Forefront Capital Master LLC. The latter is… Read more
Bascom Refi’s Five MF’s Across Three States
CBRE arranged $128.3 million in financing for five multifamily assets totaling 740 units and spread across three states including California,… Read more
Mygrant Glass Acquires 130K-SF Arizona Warehouse & Manufacturing Building
Mygrant Glass Co. Inc. paid $13.2 million for ownership rights to a 130,276-square-foot warehouse and manufacturing facility in Tempe, AZ.… Read more
Resmark Enters Portland Market, Plans MF Development with LMC
The Resmark Companies entered the Portland multifamily market in partnership with longtime joint venture investment partner LMC, A Lennar Company,… Read more