Commercial Property Executive An affiliate of Lincoln Property Co. will break ground soon for I-10 International, a four-building industrial property with 986,600 square feet in Tucson, Ariz. The Dallas developer is building the $260 million project at the southeast corner ...
Commercial Real Estate Direct Staff Report Northwestern Mutual Life Insurance Co. has provided $65 million of mortgage financing against Skyline Lofts, a 332-unit apartment property in Phoenix. The 10-year loan, which amortizes on a 30-year schedule, was arranged by Northmarq. ...
AZ Big Media An affiliate of SmartStop Self Storage has paid $25.5 million, or $169.70/sf, for the 150,260-square-foot self-storage property at 12220 East Riggs Road in Chandler, Ariz. The Ladera Ranch, Calif., company purchased the property from an affiliate of ...
AZ Big Media Logistics company KOAM has fully leased the 90,522-square-foot industrial property at 9310 South McKemy St., in Tempe, Ariz. The company was represented in the lease by SIOR, while Cushman & Wakefield represented the owner of the property, ...
Commercial Real Estate Direct Staff Report Webster Bank has provided a $45 million loan to facilitate the $130 million, or $150.70/sf, purchase of 10 West Commerce Park, a 862,622-square foot industrial property in Buckeye, Ariz. A venture of Intercontinental Real ...
Commercial Real Estate Direct Staff Report Summit on Thomas LLC has paid $21 million, or $210,000/unit, for the 100-unit Rise on Thomas apartment property in Phoenix. The investor group, managed by Jay Trygstad and Teresa Hei of Millbrae, Calif., purchased ...
Phoenix Business Journal Leon Capital Group has bought more than 140 acres in Phoenix for a planned apartment and industrial project. The Dallas investment company paid $39.5 million for the site, near the Loop 202 Freeway and Dobbins Road. A ...
Commercial Real Estate Direct Staff Report HSBC Bank has provided $43.5 million of financing to facilitate Cortland's purchase of Centerra, a 202-unit apartment property in Scottsdale, Ariz. The Atlanta investor bought the property for $74.75 million, or $370,049/unit, from a ...
Commercial Real Estate Direct Staff Report Starwood Property Trust has provided $61.7 million of financing for Rise48 Equity LLC's purchase of Waterfront, a 288-unit apartment property in Phoenix. The local investor paid $75.3 million, or $261,458/unit, to acquire the property ...
AZ Big Media Mohr Capital is planning to build Summit Business Park, a two-building industrial property with a combined 704,472 square feet in Surprise, Ariz. The Dallas developer is building the property on a 46.26-acre site at the intersection of ...
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