November 21, 2024 3:47 pm
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$5M+ Deals – Phoenix commercial bldgs totaling $51M

Below are the deals that closed Wednesday, August 26, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $41.750M
Buyer: AR North Loop, LLC
Seller: RREEF America REIT III Corp. G
Property Type: Commercial, two, four-story Class A office buildings totaling 275,208 square feet
Property Size: 7.3 acres & 11.74 respectively to addresses below
Location: N 7th Ave & W Beardsley Ave in Phoenix – 950 W Behrend Dr & 19810 N 7the Ave
APN: 209-13-979, 209-13-980, 209-13-981, 209-13-982A
Financing: $12.250M down on new conventional loan

To view the affidavit, click here. For more info, click here.

Price: $9.871M
Buyer: 2828 North Central Partners LLC
Seller: Murphy Karber Cordier PLC
Property Type: Commercial
Property Size: 1 acre
Location: N Central Ave & W Thomas Rd in Phoenix – 2828 N Central Ave
APN: 118-43-148A
Financing: $0 down on new conventional loan

To view the affidavit, click here.

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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.