Phoenix
Parkmeed Pays $42M for Ashton Pointe
Parkmeed Properties has acquired the 314-unit Ashton Pointe apartment complex at 12175 W. McDowell Rd. in Avondale, AZ. Parkmeed paid… Read more
Expanding Snyder’s-Lance Inks 37,000-SF Deal
Snack manufacturer Snyder’s-Lance has signed a deal with ViaWest to lease 37,422 square feet at Tiger Industrial Center near Van… Read more
Investor Re-Enters Phoenix Area with $64.5M MF Buy
Standard Portfolios LLC of Arcadia, CA has reportedly struck a deal with Irvine, CA-based Bascom Group to acquire the 396-unit… Read more
Construction Launched on 393,000-SF Spec Warehouse
The Opus Group has begun construction on Opus Airport Industrial, a 393,300-square-foot speculative warehouse and distribution building situated on 23… Read more
Cole Real Estate Income Pays $20M for Home Depot
Cole Real Estate Income Strategy Inc. (Cole Income NAV) has acquired a Home Depot Center at 7300 W. 159th St.… Read more
Historic Luhrs Building Sells for $44M
Hansji Corp. struck a deal with Lincoln Property Co. and Invesco Ltd. to sell the historic Luhrs City Center office… Read more
Passco Hits Scottsdale With $52.5M Apartment Buy
Passco Cos. recently acquired an apartment complex in Scottsdale, Ariz., for just over $52.5 million. Renamed Luxe Scottsdale, the property… Read more
Philip Voorhees, CBRE Retail Team Offer Fully Leased Portfolio
Philip Voorhees, who is based in Newport Beach, and CBRE’s National Retail Investment Group and the Net Leased Property Group… Read more
Tony Natsis On Secondary Markets, Donald Trump
As prices get higher and cap rates get lower in major metro areas, more investors are flooding secondary markets such… Read more