$5M+ Deals – $49M N. Scottsdale commercial; $5M Tempe commercial

Below are the deals that closed Thursday, December 31, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $49.5M
Buyer: CCM-VWP Raintree Corporate Center, LLC
Seller: 15111 & 15333 North Pima Road Holdings, LLC
Property Type: Commercial
Property Size: 5.9 acres, 318,873 SF
Location: N of NEC N Pima Rd & E Raintree Dr in Scottsdale (15111 & 15333 N Pima Rd)
APN: 217-15-036G, 217-15-036J
Financing: $1.5M down on new loan
To view the affidavit, click here.

Price: $5.185M
Buyer: Broadway Plaza, LLC
Seller: RCH IV – MN, LLC
Property Type: Commercial
Property Size: 6.5 acres, 91,197 SF
Location: NWC S Dorsey Ln & E Broadway Rd in Tempe (1208, 1232, 1270 E Broadway Rd)
APN: 133-11-018
Financing: Cash
To view the affidavit, click here.

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