News Archives - 2004

Acquisition and Investment News

11/24/04
Crown West in growth mode
Crown West Realty LLC is on an aggressive building-acquisition spree in Phoenix, having been involved with two recent purchases there worth more than $80 million, including one earlier this month.

11/08/04
Crown West Realty Acquires Class “A” Office Building in Prestigious Location
Crown West Realty has recently completed their second joint-venture acquisition with St. Paul Properties. This purchase, Crown West’s sixth in the Phoenix area, boosts their total portfolio size to approximately 1.2 million square feet in the Phoenix market.

08/19/04
Venture buys park in Arizona
A joint venture involving Crown West Realty LLC, the Spokane-based real estate company that owns the large Spokane Business & Industrial Park, has bought for just under $52 million the Arizona Business Park, in Phoenix.

08/04/04
Crown West Realty Announces $52 Million Acquisition; Nearing 1 Million Square Feet in the Phoenix Market
This purchase, Crown West's largest to date, is their fifth Phoenix-area acquisition in less than three years and brings the value of their Phoenix portfolio to over $130 million.

07/19/04
JV's $52M Scores Office Portfolio Win
Crown West Realty LLC and St. Paul Properties have purchased 11 buildings in the Arizona Business Park for $52 million. The deal adds 440,000 sf of fully occupied office and flex-office space to the new joint venture's portfolio.


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