State: Arizona - AZ

Rise48 Equity has paid $24.3 million, or $151,875/unit, for the 160-unit Pointe Vista Apartments in Phoenix. The Phoenix investor acquired the property from Univest Inc. of Newport Beach, Calif., which had purchased it in 2015 for $10.5 million. The latest ...

AZ Big Media HK Real Estate Investment has paid $15 million, or $159.12/sf, for the 94,268-square-foot Tri-City Pavilions shopping center in Mesa, Ariz. The Phoenix investor bought the property, on 11.2 acres at 2024 West Main St., from Lamar Cos., ...

KKR & Co. has paid $43.1 million, or $163.88/sf, for the 263,000-square-foot distribution center at 17017 West Indian School Road in Goodyear, Ariz. The New York investment manager bought the industrial property from a venture of Provident Real Estate Ventures ...

Colony Credit Real Estate Inc. has provided $80.76 million of financing against the 333,014-square-foot Anchor Centre in Phoenix, facilitating TerraCap Management's acquisition of the two-building office property. TerraCap, an Estero, Fla., investment manager, purchased the property for $103.5 million from ...

Multi Housing News Investors Capital Group has paid $48.3 million, or $246,428/unit, for the 196-unit Painted Trails apartment property in the Phoenix suburb of Gilbert, Ariz. The Seattle investor acquired the complex from RK Properties, which had purchased it in ...

TerraCap Management has paid $103.5 million, or nearly $311/sf, for the Anchor Centre, a 333,014-square-foot office property in Phoenix. The Estero, Fla., investment manager, which is in the process of raising $450 million for a fund to pursue office and ...

San Diego Business Journal Stos Partners has paid $16.4 million, or $72.25/sf for the 227,000-square-foot industrial building at 10300 West Buckeye Road in Tolleson, Ariz., which is 13 miles west of downtown Phoenix. The Encinitas, Calif., investor bought the property ...

AZ Big Media MG Properties has paid $145.25 million, or $252,170/unit, for the 576-unit Andante Apartments in Phoenix. The San Diego developer bought the property, at 15801 South 48th St., from Security Properties. The seller was represented by CBRE, which ...

G2 Capital has sold Broadway Business Center, a two-building office property totaling 136,998 square feet, in Phoenix to the Simone Charitable Foundation for $18.55 million, or $135.40/sf. JLL Capital Markets brokered the deal. The property, at 3925 and 3945 East ...

AZ Big Media YAM Properties has paid $51.5 million, or $214.25/sf, for the 240,370-square-foot Pima Crossing shopping center in Scottsdale, Ariz. The Scottsdale company purchased the property from Karlin Real Estate, which was represented in the deal by Cushman & ...