$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.

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