November 17, 2024 12:27 am
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$5M+ Deals – $63M Multi-Family and $6.24M Airpark sales

Below are the deals closed Wednesday, January 7, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$63M ($114,130/unit) sale of the 552 unit Pinnacle at South Mountain apartments located at the SWC of I-10 and Guadalupe Road (5151 E. Guadalupe Rd.) in Phoenix by BEX Portfolio LLC, which is owned by Essex Property Trust via merger. This sale was part of a much larger $152.73M deal.


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$6.24M sale of the Acoma business center adjacent to the Scottsdale Airpark (7812 E. Acoma Drive) in Scottsdale by Acoma LLC (Steve Kohl, Manager). The 50,052 SF space is split between eight condo parcels covering 1.148 acres.


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© 2024 Rose Law Group Reporter

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.