$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 7^th 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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August 27, 2015

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