State: Arizona - AZ

Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $45.5 million, or $157,439/unit, for the 289-unit Domain 3201 apartment property in Tucson, Ariz. The Irvine, Calif., investment manager acquired the property, at 3201 West Ina Road, ...

AZ Big Media US Merchants has paid $63.88 million, or $140.72/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz., a northwestern suburb of Phoenix. The Beverly Hills, Calif., manufacturer ...

ConnectCRE Belkorp has paid $44.15 million, or $252.57/sf, for the 174,800-square-foot industrial property at 3809 East Watkins St. in Phoenix. The Vancouver, British Columbia, investment firm purchased the building from LBA Realty of Irvine, Calif., in a deal brokered by ...

Commercial Real Estate Direct Staff Report Berkadia has provided $30 million of Fannie Mae financing against the 166-unit Havenly Superstition apartment property in Apache Junction, Ariz. The seven-year loan pays a fixed coupon and requires only interest payments. The property ...

Commercial Real Estate Direct Staff Report Break of Day Capital has paid $33 million, or $110,000/unit, for the 300-unit River Oaks apartment property in Tucson, Ariz. The Manhattan Beach, Calif., investment manager, led by real estate syndicator Gary Lipsky, acquired ...

Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman & ...

Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $45.85 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz., a northern suburb of Phoenix. The Los Angeles investment manager acquired ...