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: Phoenix
Macerich to Pay $135Mln for Phoenix-area Mall
November 5, 2004 The Macerich Co. (NYSE:MAC) has inked a deal to buy the Fiesta Mall in Mesa, Ariz., for $135 million.The Santa Monica, Calif., REIT expects that once the deal closes this month, it will place a new $84 ...
Phoenix Office Tower Sold for $51Mln
November 4, 2004 The Arizona RepublicChicago investor The Hearn Co. has paid $51 million to acquire a 10-story office building in Phoenix. Esplanade III is one of five towers that make up the office portion of the Camelback Esplanade mixed-use ...
Camelback Center
The property also includes underground tenant and visitor parking
Esplanade III
Property is 65 percent occupied.
Trump Eyes Downtown Phoenix for New Development
November 1, 2004 The Business Journal of Phoenix The Trump Organization-Bayrock Group joint venture is scouting areas in and around downtown Phoenix for a new project. Plans could include a hotel, condominiums, office space or mixed-use property. The team also ...
Ariz. Apartments Sell for $34Mln
October 29, 2004 A venture between Crown Pacific Properties and AEW Partners IV has paid $34 million for Sunscape Apartments, a 442-unit complex in Scottsdale, Ariz.The property, at 3500 North Hayden Road, was built in 1979 and consists of 37 ...
Phoenix Mall to Undergo Renovation, Possible Condo Addition
October 28, 2004 The Arizona RepublicBiltmore Fashion Park, a Phoenix mall anchored by Saks Fifth Avenue and Macy's, is to undergo a renovation and possibly the addition of residential condominiums. Mall owner Westcor, a local subsidiary of Macerich Co., continues ...
BofA Buys Phoenix Apartments for $11.3 Mln
October 22, 2004 Banc of America Community Development Corp. has purchased Paradise Club Apartments, a 288-unit complex in Phoenix.BofA provided $11.25 million in financing for the purchase and rehabilitation of the 288-unit property. The property was built in 1983 as ...
Phoenix Apartment Complex Sells for $71Mln
October 14, 2004 Deer Valley Village Apartments, an 832-unit complex in Phoenix, has traded hands for $71 million, or about $85,285/unit. Archstone Smith sold the property to a group of 1031 Exchange investors represented by SCI Real Estate Investments of ...
Crown Realty Seeks to Redevelop Second Paradise Valley, Ariz., Resort
October 14, 2004 The Arizona RepublicCrown Realty & Development Corp., the new owner of the La Posada Resort in Paradise Valley, Ariz., is in negotiations to redevelop a neighboring resort, the shuttered Mountain Shadows. Host Marriott, owner of Mountain Shadows ...
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