$5M+ Deals – $69M for Raintree commercial

Below is the deal that closed Monday, September 14, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $69.04M
Buyer: Raintree Venture Owner, LLC – a joint venture formed by Equus Capital Partners Ltd. & iStar Inc.
Seller: SFI Raintree – Scottsdale, LLC
*per the affidavit, seller affiliate owns 50% of buyer
Property Type: Commercial, Raintree Corporate Center
Property Size: 11.6 acres, 344,890 SF of office space
Location: NEC N Pima Rd & E Raintree Dr in Scottsdale – 8800 & 8888 E Raintree Dr
APN: 217-15-943, 217-15-944

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

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