November 22, 2024 1:40 pm
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So. Calif. based investor spends $21.6 million for Deer Valley Project

Deer Valley

Business Real Estate Weekly by Rose Law Group

Deer ValleyPhoenix – A company formed by Griffin Opportunities LLC in Los Angeles, Calif. (Charles Cale, Walter Cale, principals) paid $21.6 million ($209.72 per foot) to buy a 102,996-square-foot flex-office showroom project located at 2851 W. Kathleen Road in the Deer Valley area of Phoenix. Maricopa County records show the buyer in the cash sale was 2851 K Mac Go LLC, a subsidiary of Griffin Opportunities. The seller was Intravest 2851 Kathleen LLC, a company formed by Intravest Development LLC in Phoenix (Thomas Roskos, Mason Cave, principals). Ben Prater of Colliers International in Sacramento, Calif. represented the buyer. The seller was represented by Bob Lundstedt and Chris Rogers of DAUM Commercial Real Estate Services in Phoenix. Continued 


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