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PHOENIX-An Arizona investor sells two multifamily assets in Southern California and deploys the gain in Silktree Apartments, paying $3.5 million for an 86-unit, class B complex situated on the border of Scottsdale and Phoenix.
PHOENIX-A limited liability company from Seal Beach, CA, spends $3.3 million for the 44,351-sf Armored Mini Storage. The three-story, climate-controlled facility was 90% leased at sale time.
HOUSTON-With Best Buy Inc. in hand, Wallace/Halpin starts work on the West Road Collection as replacement retail for a vehicle dealership at Interstate 45 North and West Road. Sources peg the center's completed value at $25 million.
PHOENIX-The leaders of a seven-month-old commercial mortgage banking and investment firm turn to a former colleague at Churchill Mortgage of Arizona to lead the office. With the move, Timothy Storey turns in a first vice president's title for principal.
HOUSTON-The Dallas-based buyer, besting 10 others jockeying for the package, gets 1.3 million sf in 35 flex buildings, primarily in three submarkets. The 80%-leased package came to market with $73-million tag, but sells for considerably less.
PHOENIX-The San Francisco-based department store says it will close its store in Metrocenter, a 1.4-million-sf regional mall owned by Simon Property Group. The closing date for the 115,000-sf will be released next week.
PHOENIX-Coosemans Worldwide Inc., with 27 locations globally, signs a four-year lease for 9,488 sf at 2120 S. 7th Ave. in Lincoln Commerce Park in the Central Valley. The deal puts a quarter of a million dollars in Lincoln Property Co.'s pockets.
HOUSTON-Fleetwood Retail Corp. works out a lease for 29,178 sf of class B office space to relocate its regional headquarters from the Galleria area to the Greenspoint submarket. The move is scheduled for April.
WINSTON-SALEM, NC- Krispy Kreme says that its financial reporting for the fiscal year contained errors and needs to be restated.
CHANDLER, AZ-The 80,299-sf Chandler Pavilions II sells for $13.6 million in an off-market transaction to a Scottsdale investment group. The 100%-occuped center, sporting a marquee of national names, is backed by triple net leases that expire in 2017.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource