389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
City: Flagstaff
Apartment Complex in Flagstaff, Ariz., Sold for $21.35Mln
FPA Multifamily has paid $21.35 million, or $161,742/unit, for the 132-unit Pinecliff Village Apartments in Flagstaff, Ariz. The Irvine, Calif., investment company bought the property from Sanchez Brothers LLC of Centerville, Utah, which had purchased it in 2001 for $6.45 ...
University Plaza shopping center/1312 South Plaza Way
98 percent leased.
Flagstaff, Ariz., Shopping Center Sells for $27.5Mln
REBusiness Online Vestar Capital Partners has bought the 165,615-square-foot University Plaza shopping center in Flagstaff, Ariz., for $27.5 million, or $166.05/sf. Cushman & Wakefield represented the undisclosed seller. The retail property, at 1312 South Plaza Way, is 98 percent leased ...
Cypress Equities Buys Flagstaff Mall
Cypress Equities has purchased the Flagstaff Mall, a 388,607-square-foot enclosed shopping center in Flagstaff, Ariz., that had been encumbered by a $37 million CMBS loan. The Dallas investment manager bought the mall from Banc of America Commercial Mortgage Corp., 2005-6, ...
two apartment buildings with a total of 419 units in Flagstaff, Ariz.
The properties are the 306-unit Ridge at Clear Creek Apartments, at 997 East Pine Knoll Drive, and the 113-unit Clear Creek Village, at 875 East Pine Knoll Drive.
Lodge Apartments
Clear Sky lined up $20 million of financing from Fannie Mae.
Woodcrest Apartments/800 W. Forest Meadows St.
98 percent leased. Keller financed the acquisition with a $16.3 million loan from CWCapital Investment, of Needham, Mass. The seven-year loan carries a fixed-rate of 5.5 percent.
Arizona Office Campus Sells for $11Mln
A venture between Birtcher Anderson Realty LLC and Thackeray Partners has paid about $11 million for the Tempe Executive Center, an 88,569-square-foot office building in Tempe, Ariz.The venture purchased the property from the Walton Family Trust of Phoenix.The Tempe Executive ...
KPMG to Lease 31,000SF in Arizona
The Business Journal of Phoenix KPMG LLC will lease 31,000 square feet of space in Hayden Ferry Lakeside in Tempe, Ariz. The firm will occupy space in Hayden Ferry's Phase II, a 12-story building currently being constructed by SunCor Development ...
GE Teams on Ariz. Office Buy
GE Real Estate has formed a venture with the Muller Co., taking part ownership of the the Motorola Phoenix Campus, a 334,000-square-foot office and research and development facility in Tempe, Ariz.Muller, a Laguna Hills, Calif., developer, purchased the property last ...
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