City: Phoenix

The upscale Casa Paloma Shopping Center in Chandler is under contract for $331/sf. The deal works out to a capitalization rate of 6.4 percent.

October 4, 2004 The Business Journal of Phoenix Equus Development Corp. founder and president, Doug Edgelow, is buying a 15-story, 240,000-square-foot Phoenix office tower, with plans to convert it into 130 residential condominium units. Praedium Corp. is selling Century Plaza ...

September 27, 2004 Phoenix Business JournalThe Krausz Cos., based in San Francisco, plans to begin selling the nine-story office building at 3033 N. Central Ave. as office condo space, with sizes ranging from about 1,500 square feet to one or ...

September 21, 2004 Windrose Medical Properties Trust (NYSE:WRS) has paid $46 million for the Biltmore Medical Mall, a 152,600-square-foot medical office building in Phoenix.The property, which is fully leased, was purchased by Biltmore Investors LP. Windrose, an Indianapolis REIT, assumed ...

September 21, 2004 Pacific Coast Capital Partners teamed up with Real Estate Partners Inc. to pay $45 million for Terracina, an 856-unit apartment complex in Phoenix.The property, at 1450-1460 E. Bell Road, was purchased from United Dominion Bank UDR Texas ...

September 16, 2004 Terracina, an 856-unit apartment community in Phoenix, Ariz., has traded hands for more than $45 million, or roughly $52,570/unit.REPFund Apartments III LLC, which is managed by Real Estate Partners Inc., bought the property from United Dominion Bank ...

September 13, 2004 Phoenix Business Journal (Third item)A North Scottsdale apartment complex is planned for conversion into condominiums by a joint venture of Oculus Development and the Pickus Cos., both based in Chicago. The venture obtained a $20.3 million loan ...