$5M+ Deals – Blackstone $117.1M commercial spending spree

Below are the deals that closed Wednesday, July 22, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $35.8M
Buyer: BRE AZ Office Owner, LLC
Seller:  Arden Realty Limited Partnership
Property Type:  Commercial
Property Size:  15 acres, 198,817 SF
Location:  W of SWC N 44th Street & E Van Buren St in Phoenix (4127 & 4129 E Van Buren St)
APN:  124-08-094B
Financing: $0 down payment on new conventional loan

To view the affidavit, click here.

Price: $22.9M
Buyer: BRE AZ Office Owner, LLC
Seller:  Arden Realty Limited Partnership
Property Type:  Commercial
Property Size:  9.7 acres, 138,604 SF
Location:  SWC S 48th Street & E University Dr in Phoenix (3150 S 48th St)
APN:  124-53-037B
Financing: $0 down payment on new conventional loan

To view the affidavit, click here.

Price: $19.6M
Buyer: BRE AZ Office Owner, LLC
Seller:  General Electric Credit Equities, Inc.
Property Type:  Commercial
Property Size:  3.4 acres, 233,638 SF
Location:  SWC N 22nd Ave & W Dunlap Ave in Phoenix (8900 N 22nd Ave)
APN:  158-05-030
Financing: $0 down payment on new conventional loan

To view the affidavit, click here.

Price: $19.5M
Buyer: BRE AZ Office Owner, LLC
Seller:  General Electric Credit Equities, Inc.
Property Type:  Commercial
Property Size:  6.2 acres, 125,627 SF
Location:  SEC N 23rd Ave & W Alice Ave in Phoenix (8620 N 22nd Ave)
APN: 158-05-082A
Financing: $0 down payment on new conventional loan

To view the affidavit, click here.

Price: $10.1M
Buyer: BRE West Mixes Asset Owner, LLC
Seller:  Leeward Strategic Properties, Inc.
Property Type:  Vacant land
Property Size:  143.3 acres
Location:  NWC N Dysart Rd & W Cactus Rd in El Mirage
APN: 501-38-979, 501-38-980, 501-38-981, 501-38-982, 501-38-983, 501-38-984, 501-38-985, 501-38-986, 501-38-987, 501-38-988
Financing: Cash

To view the affidavit, click here.

Price: $9.2M
Buyer: BRE AZ Office Owner, LLC
Seller: General Electric Credit Equities, Inc.
Property Type:  Commercial
Property Size:  6.6 acres, 118,282 SF
Location:  S of SEC S 48th St & W Baseline Rd in Phoenix (8222 S 48th St)
APN: 301-14-040B
Financing: $0 down payment on new conventional loan

To view the affidavit, click here.

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