$5M+ Deals – CalAtlantic buys 81 Mesa land parcels; 6 acres Phoenix commercial

Below are the deals that closed Friday, March 25, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $7.29M
Buyer: CalAtlantic Homes of Arizona, Inc.
Seller: DMB Mesa Proving Grounds, LLC (DMB Associates, Inc. & Brookefield Residential)
Property Type: Vacant land (Planned Community)
Location: S of SWC S Signal Butte Rd & E Warner Rd in Mesa (10701 E Simone Ave)
APN: 304-94-307 (plus 80 other parcels)
Financing: Cash
To view the affidavit, click here.

Price: $6.7M
Buyer: PPO Carlsbad, LLC
Seller: Pacific-35th & Peoria, LLC
Property Type: Commercial
Property Size: 6 acres, 62,922 SF
Location: NWC N 35th Ave & W Peoria Ave in Phoenix (3508-3522 W Peoria Ave)
APN: 149-32-666D
Financing: $300K down on new conventional loan
To view the affidavit, click here.

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