$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. 16th Street (5353 N. 16th 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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