December 18, 2024 6:11 pm
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$5M + Deals – Pointe South Mountain Apartments in Phoenix, commercial center in Tolleson

Below are the deals closed Wednesday, January 21, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$33M ($90,659 per unit) sale of The Pointe at South Mountain Apartments at S. Pointe Parkway and Calle Guadalupe (8809 S. Pointe Parkway), off Interstate 10, in Phoenix, by CH Pointe at South Mountain Communities LLC, a company formed by ColRich in San Diego, Calif.

A company formed by ConAm Group of Cos. in San Diego, Calif., bought the 364-unit Pointe at South Mountain apartments.

The condos sit on 11.88 acres, and was built in 1988.

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$13.4M sale of a commercial center at N. 91st Avenue and Interstate 10 (1204 N. 91st Avenue), in Tolleson, by Legacy Tolleson. The 8.35-acre commercial center is home to a Legacy Suites Extended Stay, which was built in 2009.

 


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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.