An affiliate of Grace Communities has lined up $86.8 million in financing for 44 Monroe, a 202-unit residential condominium project currently under construction in Phoenix. The Scottsdale, Ariz., firm received the financing from Corus Bank of Chicago. The building at ...
Transwestern Investment Co. has paid $34.7 million for Gilbert Town Square, a 156,486-square-foot retail property in the Phoenix suburb of Gilbert, Ariz. The Chicago investment firm purchased the property from a private investment group. Gilbert Town Square sits on 66 ...
An affiliate of Fenway Properties has paid $22.2 million for the Valley Commerce Center, a 217,000-square-foot office complex in Phoenix.The San Diego firm purchased the property from Equastone, which is also based in San Diego. Equastone acquired the Valley Commerce ...
Wells Fargo Bank has provided $55.3 million of fixed-rate financing for the Pointe Hilton at Tapatio Cliffs Resort in Phoenix.The 585-suite property is owned by Highland Hospitality Corp., a McLean, Va., REIT that purchased it, as well as the adjoining ...
The Business Journal of PhoenixFoothills Vista LLC, a Seattle private investment group, has paid $16.4 million for Foothills Vista Tech Center, a 96,951-square-foot industrial property in Phoenix. The firm purchased the property, which sits at 15210 and 15220 50th St., ...
A pension fund advised by McMorgan & Co. has paid $33.7 million for the Riverside Distribution Center, a 503,239-square-foot industrial property in Phoenix.The San Francisco investment adviser purchased the property from a venture between SunCor Development Co. of Tempe, Ariz., ...
S-J Management has paid $34.3 million for Desert Mirage I, a 258-unit apartment complex in the Phoenix suburb of Gilbert, Ariz.The Seattle firm purchased the property from Scott Communities of Tempe, Ariz. Desert Mirage I consists of 21 buildings on ...
Commercial Real Estate Direct Staff Report Jackson Square Properties has paid $19 million for Lakefront at West Bay, a 244-unit apartment property in Phoenix.The San Francisco firm purchased the complex from Crown Pacific Properties of La Jolla, Calif., which was ...
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