$5M+ Deals – Over $173M in multiple sales yesterday including $80M multifamily and $6M Bob Parsons deals

elow are the deal that closed Wednesday July 1, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $80.5M ($95,606/unit)
Buyer: Fairfield Presidio SM, LLC
Seller: MMI II Presidio at South Mountain, LLC
Property Type: Multifamily, Presidio at South Mountain Apartments
Property Size: 22.4 acres, 842 units
Location: SEC of S. 48th St. and S. Wakial Loop in Phoenix (13229 S. 48th St.)
APN: 301-59-016X, 016Y
Financing: Two transactions – $15.75M down on a new $57.5M conventional loan and $6M down on a new $23M conventional loan

To view the affidavit, click here and here.


Price: $54.1M
Buyer: WRI Summit REIT, LP
Seller: Donahue Schriber Realty Group, LP
Property Type: Commercial, Retail
Property Size: 26.1 acres, approx. 190,000 SF of retail
Location: North of the NEC of E. Lone Mountain Rd. and N. Scottsdale Rd. in Scottsdale (32551 N. Scottsdale Rd.)
APN: 216-51-090B, 101, 102
Financing: Cash

To view the affidavit, click here.


Price: $14.6M+
Buyer: Phoenix Investors #21, LLC, Phoenix Investors #20, LLC and Phoenix Investors #11, LLC
Seller: Highland Ventures Partnership, William C. Shubert and Kitchell Family Residence, LLC
Property Type: Office
Property Size: 3.7 acres, 61,812 SF of office
Location: SWC of E. Highland Ave. and SR-51 in Phoenix (1707 E. Highland Ave.)
APN: 163-26-035C
Financing: $5,515,385 down on a new loan

To view the affidavit, click here.


Price: $11M
Buyer: Ashford Phoenix Airport North, LP
Seller: RB Phoenix North LP
Property Type: Commercial, Hampton Inn Hotel
Property Size: .9 acres
Location: South of the SEC of N. 44th St. and Loop 202 in Phoenix (602 N. 44th St.)
APN: 125-27-075B
Financing: $744,137 down on a new conventional loan

To view the affidavit, click here.


Price: $7.35M
Buyer: GTI Phoenix, LLC
Seller: CH NV, LP
Property Type: Commercial, Country Inn & Suites
Property Size: 2.7 acres, 63,402 SF hotel
Location: SWC of S. 48th St. and I-10 in Phoenix (4234 S. 48th St.)
APN: 124-55-001P
Financing: $2.94M down on new conventional loan

To view the affidavit, click here.


Price: $6M
Buyer: Mill Avenue Office, LLC (Parson’s entity)
Seller: Jah Ventures, LLLP
Property Type: Commercial, Office
Property Size: .473 acres
Location: NEC of S. Ash Ave. and W. 5th St. in Tempe (230 W. 5th St.)
APN: 132-29-011, 001B
Financing: Cash

To view the affidavit, click here.


Price: $5.4M+
Buyer: ESS Bristol Gilbert, LLC
Seller: Basehorne, LLC
Property Type: Commercial, Office
Property Size: 2.2 acres
Location: Baseline Rd between McQueen and Gilbert Roads in Gilbert (765 E. Baseline Rd.)
APN: 302-12-657
Financing: Cash

To view the affidavit, click here.


Price: $5M+
Buyer: Woodside Properties, LLC
Seller: DBCDS, LLC
Property Type: Commercial
Property Size: 1.5 acres
Location: SWC of W. Van Buren St. and N. Avondale Blvd in Avondale (280 N. Avondale Blvd.)
APN: 500-29-978
Financing: Cash

To view the affidavit, click here.

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories

Cameron’s $5M + deals of the day

Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County. Price: $27MBuyer:  Tides on 19th Partners, LLC

Read More »