$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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December 2015