SCOTTSDALE, AZ-Five more buildings totaling 500,000 sf of class A office and assembly-distribution space have been added to an under-construction development with 500,000 sf in 11 buildings. The add-on product will cost as much as $75 million.
SCOTTSDALE, AZ-Five more buildings totaling 500,000 sf of class A office and assembly-distribution space have been added to an under-construction development with 500,000 sf in 11 buildings. The add-on product will cost as much as $75 million.
HOUSTON-The 98-unit West Crosstimbers Apartments garners eight offers from prospective buyers eyeing the value-add opportunity. DNT Global Star LLC grabs the title with a high offer hovering the $4.1-million asking price.
PHOENIX-The class B-plus Rancho Encanto sells after sitting on the market for nine months and going in and out of escrow five times. A couple in a 1031 exchange makes the 144-unit close for $6.2 million.
PHOENIX-Syntellect, a call center operator, renews early, but sheds 10,000 sf to Valdel Xtent Outsourcing Solutions. The combined five-year leases have a $3.7-million payout and keep the two-building asset at 100% occupancy.
TEMPE, AZ-Centene Corp. opens doors on a class A office in Fountainhead Corporate Park after landing a $78.4-million state contract that required an immediate expansion for a subsidiary. The firm takes over the entire second floor for seven years.
THE WOODLANDS, TX-The Woodlands Development Co. gets a green light to map out the rest of its banked land after Wal-Mart takes down 25 acres for a 210,000-sf store. Retail, medical office and multifamily deals are in the works.
THE WOODLANDS, TX-The Woodlands Development Co. gets a green light to map out the rest of its banked land after Wal-Mart takes down 25 acres for a 210,000-sf store. Retail, medical office and multifamily deals are in the works.