$5M+ Deals – Parsons entity buys 101 Scottsdale plaza; Apache Junction & Mesa mobile home parks

Below are the deals that closed Monday, January 11, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $81M
Buyer: 101 & Scottsdale, LLC
Seller: Scottsdale 101 Retail, LLC
Property Type: Commercial
Property Size: 68 acres
Location: NWC N Scottsdale Rd & W Mayo Blvd in Phoenix (7000 E Mayo Blvd)
APN: 215-04-721C, 215-04-721D
Financing: Cash
To view the affidavit, click here.

Price: $11.57M+
Buyer: TRICON/COB Cherokee LP
Seller: Cherokee Home Community, LLC
Property Type: Commercial, mobile home park
Property Size: 34.7 acres, 411 units
Location: NWC S Signal Butte Rd & E Main St in Apache Junction (10540 E Apache Trail)
APN: 220-47-068, 220-47-070B, 220-48-001D, 220-47-070C, 220-48-002A, 220-47-071B, 220-48-005
Financing: $4.6M+ down on assumption of existing loan
To view the affidavit, click here.

Price: $11.3M+
Buyer: TRICON/COB Cherokee LP
Seller: New Hope and Park Place Home Community, LLC
Property Type: Commercial, mobile home park
Property Size: 27.2 acres, 460 units
Location: NWC S Recker Rd & E Broadway Rd in Mesa (306 S Recker Rd)
APN: 141-50-003
Financing: $3.7M+ down on assumption of existing loan
To view the affidavit, click here.

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