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Tower 16 Capital Partners has paid $30.4 million, or $190,000/unit, for the 160-unit Park 67 Apartments in Glendale, Ariz. The Carlsbad, Calif., investment manager purchased the property from Vertex Investments in a deal brokered by Northmarq's Phoenix office, which also ...
Decron Properties has paid $101 million, or $394,531/unit, for Arrowhead Ranch, a 256-unit apartment property in Glendale, Ariz. The Los Angeles investor purchased the complex from Baron Properties of Denver. The three-story property, at 20250 North 67th Ave., was built ...
A.Z. Big Media A venture of CA Industrial and DWS RREEF has broken ground on the first phase of Luke Logistics Center, a 1.5 million-square-foot industrial property in Glendale, Ariz. CA, of Chicago, and DWS RREEF, of Kansas City, Mo., ...
Multi-Housing News Rise48 Equity has paid $56.1 million, or $159,375/unit, for the 352-unit Solano Vista Apartments in Glendale, Ariz. The Phoenix investor purchased the property from Sundance Bay LLC of Salt Lake City, which had bought it two years ago for ...
Phoenix Business Journal Overton Moore Properties has paid $36.2 million, or $103.53/sf, for 303 Logistics, a 349,663-square-foot industrial property in Glendale, Ariz. The Torrance, Calif., company purchased the property from its developer, a venture of Barclay Group and W.M. Grace ...
The property is comprised of eight single-story buildings that are about 90 percent occupied.
Tower 16 Capital Partners has paid $42 million, or about $152,173/unit, for the 276-unit Solano Pointe Apartments in Glendale, Ariz. The Carlsbad, Calif., investment manager purchased the property from an affiliate of Dalan Management Associates and VM Management. ABI Multifamily ...
A venture of Intrust Property Group and Sunrise Multifamily has paid $32.85 million, or $157,933/unit, for the 208-unit Veranda & Sunflower Apartments in Glendale, Ariz. Intrust of Newport Beach, Calif., and Sunrise of Phoenix purchased the property from Margreen Properties ...
The group funded its purchase with a $46.8 million loan from PGIM Real Estate.
Commercial Property Executive MLILY has agreed to fully lease G303, a 1.3 million-square-foot industrial property that is under construction in Glendale, Ariz. The Knoxville, Tenn., mattress manufacturer was represented in the lease by Colliers International, while JLL Capital Markets represented ...
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