$5M+ Deals – Office, Industrial, and Retail today!

Below are the deals closed Tuesday 12/16/14 in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$9.7M+ sale (12.15.2014) of the 215,424 SF industrial building east of N. 35th Avenue and north of W. Thomas Road (3302 W. Earl Dr.) in Phoenix by DS Services of America Inc., based in Atlanta, Georgia. DS Services of America is the parent company to several well known brands such as Sparkletts, the current occupant of the property. The site is 4.945 acres with access on both Earl Dr. and 33rd Ave.

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$7.3M sale of the silicon-wafer fabrication plant just east of N. 7th Street on Bell Road (1000 & 1100 E. Bell Rd) in Phoenix by an entity formed by Western Digital Corporation. According to multiple sources, Western Digital purchased the 31 acre property in 2010 for $20M.

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$6.2M sale of a portion of the Germann Towne Center at the NWC of W. Germann Road and S. Alma School Road (1920 S. Alma School Rd.) in Chandler by one of Phoenix based Cole Capital’s REITs. The 2.918 acre parcel, home to the center’s anchor Mountainside Fitness, has 127,110 SF of retail space.

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