$5M+ Deals – $22.5M in Mesa commercial deals; Evergreen buys former Phoenix Mercedes-Benz building

Below are the deals that closed Friday, March 18, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $14M
Buyer: Mesa Investment Corp.
Seller: Pathfinder TRF Twelve, LLC
Property Type: Commercial (Limited)
Property Size: 5.1 acres, 95,447 SF
Location: S of SWC S Ext Rd & W Southern Ave in Mesa (827 W Grove Ave)
APN: 134-23-017E
Financing: Cash
To view the affidavit, click here.

Price: $8.5M
Buyer: Marketplace at Signal Butte SPE, LLC
Seller: Marketplace at Signal Butte, LLC
Property Type: Commercial (Limited)
Property Size: 13.4 acres, 112,419 SF
Location: SWC S Signal Butte Rd & E Main St in Mesa (10653 E Main St)
APN: 220-53-483, 220-53-485
Financing: $2.2M down on new conventional loan
To view the affidavit, click here.

Price: $8.2M
Buyer: Evergreen-3rd & Indian School Land, LLC
Seller: 225 W Indian School, LLC (dba Mercedes-Benz of Scottsdale)
Property Type: Commercial (Limited)
Property Size: 7 acres, 83,067 SF
Location: SEC N 3rd Ave & W Indian School Rd in Phoenix (225 W Indian School Rd)
APN: 118-26-020A, 118-26-020B, 118-26-019, 118-26-021
Financing: $3.95M down on new conventional loan
To view the affidavit, click here.

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.