Southwest
168-Acre Railhead of Central Pointe Readies for Vertical Development
TEMPLE, TX-Served by short-rail company Patriot, the first phase of this industrial property is ready for distribution companies interested in design-build or build-to-suit facilities. FULL STORY
HSM Boosts Aggressive MF Plan with Lewis Wood Hire
DALLAS-Less than a month after the merger between TriVest Residential and Henry S. Miller Cos., Wood returns to the company with one goal: Put HSM on the multifamily map. FULL STORY
DivcoWest Acquires Prominent Pointe I & II in Austin
AUSTIN, TX-San Francisco-based DivcoWest has purchased a two-building office project in northwest Austin. FULL STORY
Phoenix Area Medical Office Buildings Sell for $14M
PHOENIX-Beverly Hills, California-based Archway Holdings Corp. has acquired three medical office buildings located in the Phoenix metro area for a total amount of $14.5 million. FULL STORY
Pillar Communities Pays $45M for San Portella Apartments
TEMPE, AZ-Seattle-based Pillar Communities has paid $45.1 million for San Portella, a 308-unit apartment community at 2155 S. 55th St. in Tempe. FULL STORY
Woodland West Marketplace Gets New Owner
ARLINGTON, TX-An investment trust based in California has bought Woodland West Marketplace, a 176,414-square-foot retail center at Park Row Drive and Bowen Road in Arlington. FULL STORY
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WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.
