The property is fully leased to Zovio, a technology company that works with education institutions.
Sares Regis Group has paid $56.15 million, or $344,479/unit, for Elevation Chandler, a 163-unit apartment property in Chandler, Ariz. The Newport Beach, Calif., investment manager purchased the property from Olympus Property of Fort Worth, Texas, in deal brokered by Marcus ...
Multi Housing News Sunroad Enterprises has paid $125 million, or about $326,370/unit, for the 383-unit Laurel Apartments in Chandler, Ariz., which is about 23 miles southeast of Phoenix. The San Diego investment company purchased the property from Private Portfolio Group ...
Phoenix Business Journal Silver Creek Development has paid $34.3 million, or $262.55/sf, for Ascend at Chandler Airport, a 130,642-square-foot office building in Chandler, Ariz. The Beverly Hills, Calif., developer purchased the property from Irgens of Milwaukee, in a deal brokered ...
JLL Income Property Trust has lined up $49 million of mortgage financing from MetLife Investment Management for the Southeast Phoenix Distribution Center in Chandler, Ariz., for which it had paid $91 million earlier this year. The fixed-rate loan was originated by ...
AZ BigMedia ViaWest Group plans to build Converge Logistics Center, a 512,710-square-foot industrial property in Chandler, Ariz. The Phoenix investor has signed a 77-year ground lease with Kyrene School District, which owns the project's 28.6-acre development site at the corner ...
The four-building industrial property, at 6511, 6565, 6615 and 6677 West Frye Road, was built in 2019 and includes 32-foot clear heights, an early suppression, fast-response sprinkler system, ground-level doors, dock-high doors and concrete truck courts. It is 96 percent ...
JLL Income Property Trust has paid $91 million, or $191.98/sf, for the 474,000-square-foot Southeast Phoenix Distribution Center in Chandler, Ariz. The Chicago non-traded REIT purchased the property from its developer, Conor Commercial Real Estate of Rosemont, Ill. The four-building industrial ...
NexPoint has lined up a $46.5 million Freddie Mac loan to help fund its acquisition. The loan has a seven-year term and pays a coupon pegged to the secured overnight financing rate, or SOFR, plus 212 basis points.
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