News Archives - 2007
Acquisition and Investment News
Plaza Quebec Acquired by Crown West Realty for $10,250,000
Plaza Quebec, located at 6025 South Quebec Street, was recently purchased by Crown West Realty for $10,250,000 from Principal Financial Group.
Crown West buys Denver's Plaza Quebec for $10.25M
In it's fourth Denver area acquisition this year, Crown West Realty has purchased the Plaza Quebec office building in Centennial, Colo., for $10.25 million from Principle Financial Group.
Crown West Acquires Union Plaza for $17.4M
Crown West Realty has aquired the Union Plaza office building in the Denver, Colo., suburb of Lakewood for $17.4 million from ACF Property Management, Inc.
Crown West Acquires Atlanta Office Park
NORCROSS, GA - Crown West Realty, LLC has acquired the Northwoods Commons flex/office complex in the Atlanta suburb of Norcross, Ga.
Crown West Doubles NC Portfolio With $61M Buy
CLAYTON, NC - New York City-based Crown West Realty LLC has acquired the 1.1-million-sf Carolinas Distribution Center distribution warehouse and cold storage complex.
Crown West Acquires Buildings in Phoenix, Denver, Sells Another
SPOKANE, WA - Crown West Realty LLC, of Spokane, says it has bought two office buildings in Denver and Phoenix.
Corporate Center Attracts $17M From Crown West
PHOENIX - In a value-add play, Crown West Realty LLC, headquartered in New York City, and Travelers Cos. Inc. joined forces to acquire the 109,332-sf Corporate Center.
One Cherry Center sells for $17.4M
DENVER, CO - Crown West Realty LLC continues shopping for properties in metro Denver.
Crown West Sells 144,910-SF Foothills
PHOENIX - A value-add investor headquartered in New York City sold the 144,910-sf Foothills Corporate Centre II to a TIC buyer from Los Angeles, receiving $29.5 million in the process.
Crown West Realty Enters DC Market with $14M Buy
GAITHERSBURG, MD - Crown West Realty, a subsidiary of New York City investment firm Petrus Partners Ltd., has made its first purchase in the DC market with its acquisition of 704 Quince Orchard Rd. for $14.3 million from New Boston Fund.
Downtown Building Sells for $69 Million
PHOENIX - A Spokane, Wash.-based real estate investment firm has paid $69.25 million for a 26-story office tower on Central Avenue, the second such transaction to occur in Phoenix's Central Corridor in the last month.
Crown West Puts Up $69M for 450,000-SF Office
PHOENIX - Crown West Realty LLC has added the 450,000-sf Phoenix Corporate Tower to its portfolio, paying $69.25 million to long-time owner, San Francisco-based Krausz Co. Inc.
$18M Buy Marks Crown West's Market Entrance
ATLANTA, GA - Crown West Realty LLC, with offices in Denver and New York City, has entered the market with the $18.1 - million acquisition of the 196,000 - sf Cobb Corporate Center office park.
Crown West Sells 112,800-SF Flex Industrial
PHOENIX - After a three-year hold and repositioning, a local company has sold the 112,800-sf Lakeview Business Center.
$14M Plus Drives Swap of Scottsdale Commerce
SCOTTSDALE, AZ - In a value-add play, Crown West Realty LLC has bought the 118,000-sf, five building Scottsdale Commerce Center.
Crown West Realty Completes Orchard Plaza Acquisition
DENVER, CO - Crown West Realty, L.L.C. recently acquired Orchard Plaza I, II, III and IV in Greenwood Village from Tyler Pacific Inc. for $20.5 million.
Greenwood Village Buildings Sold
DENVER, CO - Crown West Realty, L.L.C. has purchased its third set of Denver-area office buildings since entering the market in 2005.
Camelback Building Sells for $75 Million
PHOENIX - Camelback keeps drawing in investors ready to plunk down multimillions for a piece of the Valley's premier office corridor.
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