Below are the deals closed Tuesday March 31, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.
$14 million sale of a retail center north of the northwest corner of E. Lincoln Drive and N. Scottsdale Road. Business Real Estate Weekly is reporting that a limited partnership formed by Hannay Investment Properties in Phoenix (Craig Hannay, pres.) paid $605.12 per foot to acquire the 23,136-square-foot retail plaza.
For more information, click here.
To view the affidavit, click here.
$8.6 million ($68,800/unit) sale of the 125-unit Scottsdale Commons Apartments near the northeast corner of E. McDowell and N. Pima roads (8750 E. McDowell Road) in Scottsdale by Mirasol Apartments LLC an entity of Scottsdale-based Caliber Wealth Development Company, which includes a full service real estate brokerage, according to their website.
The buyer was Scottsdale Commons Apartments LLC, an entity created by California-based Aliso Creek Ventures LLC.
The buyer put down $2.15 million on a conventional loan to purchase the property.
To view the affidavit, click here.
$5.3 million sale of the Village Green Apartments at the southeast corner of S. San Jose Street and W. Farmdale Avenue (1045 S. San Jose) in Mesa by VG Apartments LLC.
The buyer was 29SC Village Green LP, an entity of 29th Street Capital, a privately held real estate investment firm based in Irvine, Calif.
The buyer put down $1.325 million on a conventional loan for the purchase.
The apartments were built in 1975 on 3.2 acres.
To view the affidavit, click here.
