$5M+ Deals – $12.6M in commercial sales

Below are the deals that closed Tuesday, July 28, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $6.7M
Buyer: Ken Ellegard-Arrowhead Real Estate, LLC
Seller: Miller Family Real Estate, LLC
Property Type:  Commercial, Arrowhead Honda
Property Size:  4.6 acres, 39,961 SF building
Location:  N 84th Ave & W Bell Rd in Peoria (8380 W Bell Rd)
APN: 200-42-970
Financing: $300k down on new conventional loan

To view the affidavit, click here.

Price: $5.9M
Buyer: PHX Design Center, LLC
Seller: King Ranch Properties II, LLLP
Property Type:  Commercial, Facilitec
Property Size:  4 acres, 64,215 SF building
Location:  E of SEC of N 44th St & E McDowell Rd in Phoenix (4501 E McDowell Rd)
APN: 125-17-007P
Financing: $2.4M down on assumption of existing loan

To view the affidavit, click here.

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