$5M+ Deals – Over $30M in two deals

Below are the deals closed Wednesday 12/17/14 in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$21.95M sale of the Madison Square office complex located at the SEC of E. Missouri Street and N. 16^th Street (5353 N. 16^th St.) in Phoenix, by Orsett Madison LLC, an entity formed by Phoenix based Orsett Properties (Curt Feuer, Chairman). The 2.56 acre site has two four story office buildings built in the mid-80s with underground parking.

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$9.635M sale of a 10.73 acre undeveloped parcel just east of I-17 on W. Union Hills Drive in Phoenix by Chamberlain Development LLC, an entity formed by Sun State Builders. The site is adjacent to a large Honeywell complex and, according to the seller, is zoned Commerce Park/General Commerce.

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December 18, 2014

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