$5M+ Deals – $19M+ for 40th St & Camelback commercial; Mesa & Chandler commercial

Below are the deals that closed Monday, April 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $19.650M
Buyer: CH Realty VII/R Phoenix Arcadia Village, LLC
Seller: Arcadia Retail, LLC & Big Slick Holdings, LLC
Property Type: Commercial (C-2)
Property Size: 2.4 acres, 37,381 SF
Location: SWC N 40^th St & E Camelback Rd in Phoenix (3939 E Camelback Rd)
APN: 170-17-053B
Financing: Cash
To view the affidavit, click here.

Price: $10.218M
Buyer: Tri City Retail, LLC
Seller: Islandia Mesa, LLC
Property Type: Commercial (General)
Property Size: 7.87 acres, 84,862 SF
Location: NEC S Dobson Rd & W Main St in Mesa (1932 W Main St)
APN: 135-48-003J
Financing: $1.4M+ down on new conventional loan
To view the affidavit, click here.

Price: $8.31M
Buyer: BKM Arizona Corporate Plaza 108, LLC
Seller: Pacific Plaza, LLC
Property Type: Commercial (I-1)
Property Size: 8.7 acres (total), 119,860 SF (total)
Location: S of SEC N Arizona Ave & W Elliot Rd in Mesa (2775 N Arizona Ave)
APN: 302-29-067 (plus 10 others)
Financing: $50k down on new conventional loan
To view the affidavit, click here.

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April 5, 2016

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