Monday, June 22, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

Hidden-Springs-of-McKinney
LoansMultifamilySeniors HousingTexas

JLL Arranges $37.5M Loan for Refinancing of Metro Dallas Seniors Housing Community

by Taylor Williams

MCKINNEY, TEXAS — JLL has arranged a $37.5 million loan for the refinancing of Hidden Springs of McKinney, a 194-unit seniors housing community located on the northern outskirts of Dallas. The property was built in 2020 and offers assisted living, independent living and memory care services. Amenities include a pool, fitness center and a dog park. Joel Mendes and Jason Skalko of JLL arranged the nonrecourse, fixed-rate loan through an undisclosed life insurance company on behalf of the borrower, a joint venture between CREC Real Estate and Madison Marquette.

Continue Reading
FacebookTwitterLinkedinEmail
3300-Tamarac-Denver-CO
AcquisitionsColoradoMultifamilyWestern

MG Properties Expands Denver Multifamily Portfolio with $141M Acquisition

by Amy Works

DENVER — MG Properties has purchased 3300 Tamarac Apartments, a multifamily community located in Denver’s Hampton neighborhood. Gelt sold the asset for $141 million. 3300 Tamarac features 564 apartments within walking distance of a variety of shopping and dining options, as well as parks and recreation opportunities. David Martin and Brian Mooney of Northmarq represented the seller, and Northmarq’s Scott Botsford and Joe Giordani arranged the financing for the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
Contour-112-Acres-Mesa-AZ
ArizonaDevelopmentIndustrialWestern

Contour Real Estate Buys 112-Acre Site for Industrial Development Near Mesa Gateway Airport

by Amy Works

MESA, ARIZ. — An entity controlled by California-based Contour Real Estate has acquired an approximately 112-acre industrial site at the southwest corner of Warner and Sossaman roads in Mesa. Structures Investment sold the asset for an undisclosed price. Contour plans to develop a master-planned industrial park with eight buildings totaling more than 1.5 million square feet of manufacturing, logistics and e-commerce space. The property will be developed in two phases. Paul Borgesen and Dylan Sproul of SVN Desert Commercial Advisors negotiated the transaction on behalf of the buyer and seller.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsArizonaMultifamilyWestern

Berkadia Negotiates $73.2M Sale of Bungalows on Estrella Apartments in Goodyear, Arizona

by Amy Works

GOODYEAR, ARIZ. — Berkadia Institutional Solutions has arranged the sale of The Bungalows on Estrella, a garden-style apartment community located at 15545 W. Hudson Way in Goodyear. Arizona-based Cavan Cos. sold the asset to Georgia-based St. Clair Holdings for $73.2 million. The Bungalows on Estrella features 183 one-, two- and three-bedroom apartments with in-unit washers/dryers, 10-foot ceilings and walk-in closets. Community amenities include a swimming pool, fitness center, clubhouse, dog park and covered parking. Mark Forrester and Andrew Curtis of Berkadia Phoenix completed the sale on behalf of the seller.

Continue Reading
FacebookTwitterLinkedinEmail
BEP-Pueblo-Project-Pueblo-CO
ColoradoDevelopmentHospitalityMixed-UseMultifamilyRetailWestern

Avison Young Brokers Sale of 9.1-Acre Site in Pueblo, Colorado for Mixed-Use Project

by Amy Works

PUEBLO, COLO. — Avison Young has brokered the sale of 9.1 acres of vacant land located at the southwest quadrant of US Highway 50 and Interstate 25 in Pueblo. 610 RLLLP sold the property to Conifer, Colo.-based BEP Pueblo LLC, an affiliate of Blueline Equity Partners, for an undisclosed price. The buyer plans to develop of the land into a mixed-use project, including residential, hospitality and possibly retail space. Completion is slated for 2023. Rick Egitto of Avison Young’s Denver office represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsArizonaMultifamilyWestern

Cushman & Wakefield|PICOR Arranges Sale of 47,808 SF Colonia de Tucson Multifamily Property in Arizona

by Amy Works

TUCSON, ARIZ. — Cushman & Wakefield|PICOR has brokered the sale of Colonia de Tucson, an apartment complex located at 1335 and 1351 W. Saint Mary’s Road in Tucson. The seller, 1335 W. Saint Mary’s LLC, sold the asset for $7.8 million. The community features 84 apartments. Allan Mendelsberg and Conrad Joey Martinez of Cushman & Wakefield|PICOR represented both parties in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Vertical Cold Storage Acquires 227,331 SF Facility in Richardson, Texas

by Taylor Williams

RICHARDSON, TEXAS — Vertical Cold Storage, a developer and operator of temperature-controlled industrial facilities, has acquired Lone Star Cold Storage, a 227,331-square-foot property located in the northeastern Dallas suburb of Richardson. The facility features 5.6 million cubic feet of storage space, 17,892 pallet positions and 40 dock doors. In addition, Lone Star Cold Storage offers seven rooms for various food processing and storage needs with temperatures ranging from -20 to 45 degrees Fahrenheit. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsOfficeTexas

Shorenstein Properties Sells 210,000 SF Office Building in Austin’s Mueller District

by Taylor Williams

AUSTIN, TEXAS — Shorenstein Properties, an investment firm headquartered in San Francisco and New York City, has sold the Alpha Building, a 210,000-square-foot office property located within the 750-acre Mueller District in Austin. The Teacher Retirement System of Texas (TRS) purchased the six-story building, which was designed by Page Sutherland Page, for an undisclosed price. Troy Holme and Peter Jansen of CBRE represented TRS in the transaction. Shorenstein is developing two more office buildings at Mueller that will contain approximately 350,000 square feet and are slated for a 2024 delivery.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNet LeaseRetailTexas

RealSource Negotiates Sale of 37,030 SF West Houston Retail Property Leased to LA Fitness

by Taylor Williams

HOUSTON — California-based brokerage firm RealSource Group has negotiated the sale of a 37,030-square-foot single-tenant retail property in West Houston that is net leased to LA Fitness. Austin Blodgett of RealSource Group, in conjunction with ParaSell Inc., represented the seller, a Houston-based private developer, in the transaction. Roger Oser of Newmark represented the California-based buyer. Both parties requested anonymity. The deal traded at a cap rate of 6.12 percent.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNortheastPennsylvaniaRetail

Marcus & Millichap Brokers Sale of 184,082 SF Shopping Center in Rochester, Pennsylvania

by Taylor Williams

ROCHESTER, PA. — Marcus & Millichap has brokered the sale of Madison Square Shopping Center, a 184,082-square-foot retail property in Rochester, located northwest of Pittsburgh. The sales price was $12 million. Grocer Giant Eagle anchors the property, which was originally constructed in 1967 as a Kaufmann’s Department Store. John Reehil of Marcus & Millichap represented the seller, a partnership, in the transaction. Additional terms of sale were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts