$5M+ Deals – Over $54M in office, multi-family and assisted living deals yesterday

Below is a list of the deals closed Tuesday 12/2/14 in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$36M sale of the privately owned Stratford Assisted Living facility north and east of W. Glendale Avenue and N. 19th Avenue (1739 & 1813 W. Myrtle Ave.) in Phoenix by Stratford Assisted Living, LLC. The property is  3.96 acres with two buildings consisting of 117,300 SF of space.

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$12M sale of two parcels within the Siete Square office complex on N. 7th Street just south of Indian School Road (3877 & 3737 N. 7th St.) in Phoenix by Omninet Siete LP, an entity formed by Omninet Capital in Beverly Hills, California. The project sits on 5.24 acres including 228,167 SF of office space and a multi-level parking structure.

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$6.610M sale ($31,627/unit) of the 206 unit Sierra Madre apartments located just north and west of N. Country Club Drive and 8th Street (900 N. Country Club Dr.) in Mesa by Irina and Richard Robison out of Spokane, Washington.  The site covers 4.42 acres.

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