$5M+ Deals – YAM picks up $24M PV mall area commercial; $7M Peoria commercial; Shea pays $7M for Gilbert land; $6M Mesa apartments

Below are the deals that closed Friday, November 20, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $24.8M
Buyer: Camino Verde Center, LLC
Seller: WNQE Village Center VI, LLC
Property Type: Commercial (Intermediate)
Property Size: 11.5 acres, 176,732 SF
Location: N Paradise Village Pkwy & E Cactus Rd in Phoenix (4304 E Cactus Rd)
APN: 167-27-988
Financing: Cash
To view the affidavit, click here.

Price: $7.12M
Buyer: STORE Capital Acquisitions, LLC
Seller: Barclay/Pleasant Valley, LLC
Property Type: Commercial (PAD)
Property Size: 4 acres, 39,829 SF
Location: E of N Lake Pleasant Pkwy & W Happy Valley Rd in Peoria (9745 W Happy Valley Rd)
APN: 201-16-365
Financing: Cash
To view the affidavit, click here.

Price: $7.1M
Buyer: Shea Homes Limited Partnership
Seller: The Reserves at Val Vista, LLC
Property Type: Vacant land, Reserves at Val Vista
Property Size: 43.1 acres, 39,829 SF
Location: SEC S Val Vista Dr & E San Tan Blvd in Gilbert
APN: 304-85-007P
Financing: Cash
To view the affidavit, click here.

Price: $5.925
Buyer: NAB New Alpha Beta, LLC
Seller: LLJ Stratford Mesa, LLC
Property Type: Apartments, Candela Park Apartments
Property Size: .03 acres, 76 units
Location: N of W Main St & N Alma School Rd in Mesa (57 N Alma School Rd)
APN: 135-53-060-135-53-135 (76 total parcels)
Financing: $2.144 down on assumption of existing loan
To view the affidavit, click here.

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