$5M+ Deals – Avondale & Chandler multifamily; Scottsdale commercial; Peoria land

Below are the deals that closed Wednesday, December 7, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $42.24M
Buyer: Aventura Apartment Owner, LLC
Seller: Aventura Apartments, LLC
Property Type: Apartments, Aventura Avondale
Property Size: 18.4 acres, 408 units
Location: E of the NEC of N 107th Ave & W McDowell Rd in Avondale (10350 W McDowell Rd)
APN: 102-31-979
Financing: $700k down on new conventional loan
To view the affidavit, click here.

Price: $9.9M
Buyer: Wood River Lakeside, LLC
Seller: SP Lakeside, LLC
Property Type: Condo/Townhouses, Andersen Springs
Property Size: 212 units
Location: S of the SEC of N Dobson Rd & W Ray Rd in Chandler (855 N Dobson Rd)
APN: 302-49-619 (plus 207 more listed in affidavit)
Financing: Assumption of existing loan
To view the affidavit, click here.

Price: $8.5M
Buyer: Shea Center, LLC
Seller: Shea 70, LLC
Property Type: Commercial
Property Size: 2.8 acres, 33,252 SF
Location: SWC of N 70th St & E Shea Blvd in Scottsdale (6949-6969 E Shea Blvd)
APN: 175-50-020A
Financing: $2.6M down on new loan
To view the affidavit, click here.

Price: $8.5M
Buyer: Perimeter Center Commons, LLC
Seller: Waitt Perimeter Office, LLC
Property Type: Commercial
Property Size: 4.8 acres, 43,832 SF
Location: NEC of N Perimeter Dr & E Bell Rd in Scottsdale (17200 & 17300 N Perimeter Dr)
APN: 215-07-001D, 215-07-218
Financing: $134K down on new conventional loan
To view the affidavit, click here.

Price: $8.5M
Buyer: Olive Park, LLC
Seller: Empire Residential Communities Fund II, LLC
Property Type: Vacant land (Intermediate Commercial)
Property Size: 37.5 acres, 43,832 SF
Location: SEC N 103rd Ave & W Olive Ave in Peoria (10101 W Olive Ave)
APN: 142-61-014D, 142-61-014F, 142-61-014G
Financing: New loan
To view the affidavit, click here.

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