West

REBusiness Online Shoup Properties LLC has sold the 92-unit Sora on Rose Apartments in Phoenix for $14.5 million, or $157,608/unit. The buyer was not identified. Marcus & Millichap brokered the deal. Shoup, a Seattle real estate investment company, had bought...

Dallas CityBizList Crow Holdings has sold Bay Area Commerce Center I, a 242,000-square-foot warehouse in Livermore, Calif., about 45 miles east of San Francisco. Black Creek Group of Denver bought the industrial property, which is 70 percent leased to a...

Commercial Property Executive Blackstone Group has bought a 48,000-square-foot industrial property at 9860 40th Ave. South in Seattle for $11.4 million, or $237.50/sf. The New York investment company purchased the building from a private seller that had acquired it in...

Rentv.com Strategic Office Partners has bought the 82,726-square-foot Beaverton Creek V office property in Beaverton, Ore., for $15.5 million, or $187.37/sf. The Phoenix real estate investment company bought the two-building campus, at 2755-2815 153rd Drive, from the Gloria Y Gee...

Multi-Housing News Pebb Student Living has partnered with Coastal Ridge Real Estate to buy the 456-bed Cadence student-housing apartments in Tucson, Ariz., for $33 million, or about $72,368/bed. The venture purchased the two-building property, at 345-350 East Congress St., from...

Multi-Housing News Investors Real Estate Trust has bought the 465-unit Parkhouse Apartment Homes in Thornton, Colo., for $144.8 million, or $311,397/unit. The Minot, N.D., REIT, commonly referred to as IRET, purchased the 20-building complex from Starlight Investments, which had acquired...

REBusiness Online Abacus Capital Group has sold the 126-unit Davenport Apartments in Sacramento, Calif., for $22.5 million, or $178,571/unit. CBRE brokered the deal on behalf of the seller. The buyer was not identified. Abacus Capital, a New York real estate...

Commercial Property Executive Rreef Property Trust has partnered with DWS Group to buy the 715,000-square-foot Tropical Distribution Center 2 industrial property in Las Vegas for $88.5 million, or $123.78/sf. The venture purchased the single-story building, at 6260 East Ann Road,...

REBusiness Online Gelt Inc. has bought from an undisclosed seller the 164-unit Silverwood Apartments in Gresham, Ore., for $30 million, or $182,926/unit. The Los Angeles investment company will rebrand the 32-building complex, upgrade unit interiors and renovate its amenities. Silverwood...

Multi-Housing News Graceada Partners has bought the 148-unit Westlake Apartments in Sacramento, Calif., for $23.5 million, or $158,783/unit. The Modesto, Calif., investment company purchased the property, which sits on six acres at 1 Shoal Court in the city's Pocket neighborhood,...