City: Phoenix
Rreef Puts Phoenix Apartments on the Block
Rreef has hired CB Richard Ellis to market Las Brisas, a 274-unit community in Phoenix's upscale North Central Corridor. The asking price is $24 million.
Phoenix R&D property
The two-building property, which is fully leased to four tenants, is in the Cotton Center Business Park.
Black Canyon Commerce Park
3-building complex at 2101, 2133 and 2225 W. Peoria Ave. is 95 percent occupied
Wells REIT Pays $25.8Mln for Phoenix Office Building
June 19, 2002PHOENIX – Wells REIT has paid $25.8 million, or nearly $174/sf, for a Class-A office building at 2411 West Peoria Ave, in the Desert Canyon Corporate Campus.The Atlanta-based real estate investment firm bought the 148,605 square-foot office building ...
Viad Tower
Built in 1991, 24-story tower is more than 90% leased; Dial Corp. sold it in 1997 for $73Mln
2411 West Peoria Ave.
Built in 2001,the Desert Canyon building is fully leased thru July 2011 to Massachusetts Financial Services
Parkway Parlays Chicago Sales Proceeds Into 3 Office Buys
May 31, 2002 Parkway Properties Inc. (NYSE:PKY) said it is acquiring three office properties for a total of $100 million.The Jackson, Miss., REIT is using proceeds from the sale of a 70 percent interest in 233 N. Michigan Ave. in ...
LJ Melody Provides $228.2Mln of Freddie Mac Financing for Portfolio
May 10, 2002 Commercial Real Estate Direct Staff ReportL.J. Melody & Co. has provided $228.2 million of financing through a Freddie Mac program for a large apartment portfolio owned by a group of German investment funds.The financing package is made ...
Moody’s Reviews 3 Classes of COMM 2000-FL2 for Downgrade
May 3, 2002NEW YORK – Moody's Investors Service is reviewing three classes of COMM, 2000-FL2, for possible downgrade.The three classes totaling $3.9 million of balance are supported solely by the Whitehall portfolio loan, which is secured by four apartment properties ...
Park on Camelback
The five-building complex was constructed in 1981 and is 85.1 percent occupied.
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
