Lennar Plans 447-Unit Apartment Property in McLean, Va.
August 2, 2021
Ally Charlotte Center Office Building Sells for $390Mln
August 2, 2021
Atlanta’s 725 Ponce Sold for $300.2Mln
August 2, 2021
State: Arizona - AZ
Mattress Manufacturer to Lease 1.3Mln-SF Industrial Property in Glendale, Ariz.
Commercial Property Executive MLILY has agreed to fully lease G303, a 1.3 million-square-foot industrial property that is under construction in Glendale, Ariz. The Knoxville, Tenn., mattress manufacturer was represented in the lease by Colliers International, while JLL Capital Markets represented ...
190,000-SF Office Building Planned for Tempe, Ariz.
Phoenix Business Journal Hines is planning 250 Rio, a 190,000-square-foot office building in Tempe, Ariz. The Houston developer plans to build the property on a two-acre site at the corner of Ash Ave. and Rio Salado Parkway, about 10 miles ...
Chandler, Ariz., Apartments Sell for $56.15Mln
Sares Regis Group has paid $56.15 million, or $344,479/unit, for Elevation Chandler, a 163-unit apartment property in Chandler, Ariz. The Newport Beach, Calif., investment manager purchased the property from Olympus Property of Fort Worth, Texas, in deal brokered by Marcus ...
Glendale, Ariz., Apartments Sell for $45Mln
WhiteHaven Capital has paid $45 million, or $330,882/unit, for Strayhorse Arrowhead Ranch, a 136-unit apartment property in Glendale, Ariz. The Phoenix investor purchased the property from Shelter Asset Management of Los Angeles in a deal brokered by Marcus & Millichap's ...
Bridge Investment Pays $88.8Mln for Peoria, Ariz., Apartment Property
Bridge Investment Group has paid $88.8 million, or $322,909/sf, for Parc Roundtree Ranch, a 275-unit apartment property in Peoria, Ariz. The Salt Lake City investment manager purchased the property from its developer, Evergreen Devco Inc. of Phoenix, in a deal ...
161-Unit Apartment Property in Phoenix Sold for $32.28Mln
AZ Big Media Rise48 Equity has paid $32.28 million, or $200,496/unit, for 161-unit City 15 Apartments in Phoenix. The local investor purchased the two-story property from Pacific Reach Properties of Vancouver, British Columbia, in a deal brokered by ABI Multifamily. ...
Urban
The Urban, meanwhile, has units with up to three bedrooms and monthly rents that average $1,099. It has a swimming pool, spa, fitness center, clubhouse, business center, lounge and courtyard with a picnic area. It's encumbered by a $25.9 million ...
Flats at Granite Reef
The buyer assumed an $8.2 million Freddie Mac loan that was securitized through FREMF, 2018-K73, and a $2.4 million supplemental loan securitized through FREMF, 2020-KJ30. Both loans mature in December 2027. The senior loan pays a coupon of 4.37 percent ...
310-Unit Apartment Property Breaks Ground in Tempe, Ariz.
High Street Residential has broken ground on Smith & Rio, a 310-unit apartment property in Tempe, Ariz. The property is being built on a 3.4-acre site at 1979 East Rio Salado Parkway, about 11 miles east of Phoenix. The five-story ...
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