Business Real Estate Weekly of Arizona Security Properties Inc. has paid $44.25 million, or about $108,456/unit, for the 408-unit Metropointe apartments at 7017 South Priest Drive in Tempe, Ariz. The Seattle company bought the property from an affiliate of Trammell ...
Business Real Estate Weekly of Arizona Affiliates of SyWest Development, of San Rafael, Calif., have paid a total of $121.77 million for 701,311 square feet of retail space in three Arizona shopping centers. SyWest assumed CMBS loans on two of ...
Business Real Estate Weekly of Arizona An affiliate of Westport Capital Partners has paid $16.6 million, or about $95.21/sf, for a 174,350-square-foot office property in Phoenix. CFS Arboleda, an affiliate of Falcon Southwest of Austin, Texas, sold the property at ...
Business Real Estate Weekly of Arizona Apartment Investment and Management Co., or Aimco, has paid $68.75 million, or about $140,881/unit, for the 488-unit San Melia apartments in Phoenix. An affiliate of Investment Property Associates sold the property at 14435 South ...
Phoenix Business Journal A venture led by EdR, the Memphis, Tenn., REIT formerly known as Education Realty Trust, is building a 325-unit apartment project in Phoenix. The complex will serve students at Arizona State University, the University of Arizona's College ...
98 percent leased. Aimco assumed a $29.1 million loan securitized through FREMF 2010-K6 Mortgage Trust. The loan has a 5.55 percent gross coupon and matures in November 2019.
80 percent leased.
Weidner will purchase the property with a $38.6 million loan from Fannie Mae that was arranged through AmeriSphere and NorthMarq Capital. The property includes 10,000 square feet of commercial space on the ground floor.
BPG Properties Ltd. has paid $34.25 million, or about $153.20/sf, for Lincoln Towne Centre, a 223,605-square-foot office complex in Scottsdale, Ariz. The Philadelphia investment manager bought the property on behalf of its BPG Investment Partnership IX LP from Lincoln National ...
Business Real Estate Weekly of Arizona HCW of Branson, Mo., is buying a 9.2-acre parcel near Union Hills Drive in Phoenix for a proposed 257-unit apartment complex. AML Land of Henderson, Nev., is selling the development site for $2.8 million. ...
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