Below are the deals that closed Friday June 5, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these a transactions.
Price: $32.5M ($277.70/SF)
Buyer: East Village at Shea (created by GoDaddy founder Bob Parson’s entity)
Seller: Karlin Scottsdale Shea LLC (formed by Karlin Real Estate)
Property Type: Retail Shopping Center
Property Size: 117, 031 SF, 14.2 acres
Location: NWC of E. Shea Blvd and N. 74th St. in Scottsdale (7366 E. Shea Blvd.)
APN: 175-43-001L
Financing: Cash
To view affidavit, click here.
Price: $10.9M ($48,660.71/unit)
Buyer: Avtar C. Verma & Staya P. Verma
Seller: Pacific ECS LP & Pacific ELC LP (formed by Summit Equity Investments entities)
Property Type: Multi-Family (Fountain Oaks Apartments)
Property Size: 224 units, 7.35 acres
Location: E. McDowell Rd. just west of N. 44th St. in Phoenix (1225 N. 40th St.)
APN: 125-19-008, 125-19-010, 125-19-011, 125-19-009, 125-19-006B, 125-19-006C
Financing: Loan with $2.725M down
To view affidavit, click here.
