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$5M+ Deals – Scottsdale & Cave Creek commercial; Surprise vacant land

Below are the deals that closed Tuesday, December 15, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $12.4M
Buyer: WL Scottsdale Thomas Owner, LLC
Seller: Scottsdale Executive Villas, LLC
Property Type: Commercial
Property Size: 13.4 acres, 153,918 SF
Location: NWC N 64th St & E Thomas Rd in Scottsdale (6300 E Thomas Rd)
APN: 128-49-002H, 128-49-235
Financing: Cash
To view the affidavit, click here.

Price: $12.1M
Buyer: D.R. Horton, Inc.
Seller: ALPRancho Cabrillo, LLC
Property Type: Vacant land (R1-6 Single Family Residential)
Property Size: 2 acres, 153,918 SF
Location: SW of SWC of N Dysart Rd & W Jomax Rd in Surprise (25925 N 134th Dr)
APN: 503-54-194 (plus 11 more listed in affidavit)
Financing: Cash
To view the affidavit, click here.

Price: $5.484M
Buyer: I.S. Tucson Circle, LLC
Seller: Cave Creek AZ Development Group, LLC
Property Type: Commercial
Property Size: 7.4 acres, 153,918 SF
Location: NWC Cave Creek & Olsen Road in Cave Creek
APN: 211-46-039, 211-46-041A, 211-46-025E, 211-46-040C
Financing: $1.9M down on new conventional loan
To view the affidavit, click here.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.