The 225-unit student housing property Regents on University sold to Oxford Properties / Preferred Apartment Communities for $53,325,000 with $1 million down. Sale was funded by a $300 million line of credit with Keybank.
95,000 Square Foot Distribution Warehouse Sells for over $7 Million
Cohen Asset Management sold the ±95,000 square foot warehouse at 2021 E Jones Ave to local company S & M Moving Systems for $7,068,932, financed with cross-collateralized note with Ameritas Life Insurance Corp.
Casa Grande Shopping Center Anchor Sells for nearly $4.5 Million
California-based investor Amir Fateh Amirian purchased the 23,500 square foot co anchor of the Casa Grande Shopping Center on February 21st. Hinkson Company sold the property for $4,450,000, and the sale was funded by $500k debt with US Bank.