$5M+ Deals – Phoenix & Glendale commercial

Below are the deals that closed Thursday, October 29, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $23.1M
Buyer: AP Capital REIT (USA) L.P.
Seller: Arizona Greenway Hirani Investments, LLC
Property Type: Commercial (retail)
Property Size: 18.4 acres, 208,371 SF
Location: NEC of N 32^nd St & E Greenway Rd in Phoenix –15443 N 32^nd St
APN: 214-35-224A, 214-35-225, 214-35-226, 214-35-230, 214-35-231, 214-35-228, 214-35-229
Financing: $6M down on new conventional loan
To view the affidavit, click here.

Price: $15.8M
Buyer: 67^th Avenue & Camelback Pro’s Real Estate, LLC; Hobrev-Delaware, LLC; 1640 Hospital Drive, LLC
Seller: Phoenix Market Center, LLC
Property Type: Commercial (retail)
Property Size: .6 acres, 7,281 SF
Location: NWC of N 67^th Ave & W Camelback Rd in Glendale – 6710-6792 W Camelback Rd & 5102-5142 N 67^th Ave
APN: 144-24-631
Financing: $2.5M down on new loan

To view the affidavit, click here.

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October 30, 2015

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