Cameron’s $5M + deals of the day

Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County.

Price: $13,250,000
Buyer: Maracay 91, LLC
Seller: Annecy Recovery Acquisition, LLC
Property Type: Vacant land
Property Size: 14.229 Acres
Location: SEC E. Boston St. and S. Val Vista, Gilbert
APN: 311 Parcels: 304-95-595 – 304-95-920
Financing: Cash
To view the affidavit: 180667094, click here.

 (Editor’s note: News releases are published unedited, unless they contain factual errors.)

ORION Represents Seller in Glendale Shopping Center $5.85M Closing

GLENDALE – Closing for $5,850,000, or $113 per square foot, Brittany Square totals approximately 51,554 square feet and includes two pad buildings. Brittany Square is located at the major signalized intersection of 67th Avenue and Peoria. There was a tenant expansion during escrow, which increased occupancy to 64% at close.

Nick Miner, CCIM, of ORION Investment Real Estate exclusively represented the Seller, Arizona Brittany Square, LLC. Miner said, “I assisted the Seller in purchasing this property over 12 years ago and was extremely appreciative of the ability to assist them recently in the disposition of the property.” The Buyer, T Brittany Square, LLC, was in a 1031 Exchange and was purchasing this property along with another property out of state. The Buyer liked this property because it fit their typical profile of purchasing properties that they can re-lease and then parcel off as part of their value-add strategy that they employ.

About ORION Investment Real Estate

ORION Investment Real Estate (“ORION”) is a leading full-service brokerage firm based in the Western United States. With several years of continued growth and success, and more than a billion dollars in recent transactions, the ORION team provides best-in-class service to the commercial real estate community. Boasting an extensive knowledge of the market and properties, ORION uses a tailored marketing and structured approach to each client to unlock the potential of every deal. ORION is headquartered in Scottsdale, Arizona.  For more information on ORION, please visit our website at www.ORIONprop.com

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