$5M+ Deals – $15M sale at Camelback and the 51

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

$15.25M ($292.49/SF) sale of 52,139 SF of the Albertson’s Camelback Marketplace shopping center, currently anchored by a Sports Authority, by Realty Income Properties 4 LLC, an entity formed by Realty Income Corporation (NYSE: O, John Case, CEO). The center,located at the SWC of the SR 51 and E. Camelback Road(1625 E. Camelback Rd.), is currently anchored by Sports Authority and covers 5 acres with access to both Camelback Road and N. 16th Street.

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