Below are the deals closed Thursday 12/18/14 in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.
$57M ($162,857.14/unit) sale of the Pinnacle Towne Center apartments just west of SR 51 on Highland Avenue in Phoenix by an entity formed by BRE Properties based in San Francisco, California. The 350 1, 2, and 3 bedroom units are on two parcels covering approximately 13.5 acres.
View Larger Map
$32.75M ($126,937.98/unit) sale of the Desert Mirage Apartments just east of N. McQueen Road on W. Guadalupe Road (1333 W. Guadalupe Rd.) in Gilbert by HSL Desert Mirage Apartments, LLC, an entity formed by HSL Properties out of Tucson. The 258 unit Desert Mirage Apartments are on 15.5 acres.
View Larger Map
$25M sale of the Plaza at Squaw Peak on two sites between E. Glendale Avenue and E. Northern Avenue just west of SR 51 (7740, 7676, 7600 N. 16th St. and 7500, 7502 N. Dreamy Draw Dr.) in Phoenix. The seller was IX CW Plaza Squaw Peak LP, an entity formed by Starwood Capital Group in Greenwich, Connecticut. The 428,044 SF of office space is spread across three buildings.
View Larger Map
$7.78M sale of the Cove at 44 apartment complex just on W. Indian School Road just west of 43rd Avenue (4030 N 44th Ave.) in Phoenix by Cove at 44, LLC, an entity formed by SAFCO Capital Corporation (John Safi, president) in Los Angeles, California.
View Larger Map
$6.5M sale of the 4.2 acre Storage Masters self storage facility east of S. Val Vista Drive on E. Baseline Road (3840 E. Baseline Rd.) in Mesa by Silver Bayou LLC.
View Larger Map
