$5M+ Deals – $115M Christown Spectrum Mall; Phoenix & Chandler apartments; 153 acres Peoria residential land; Glendale & Chandler commercial

Below are the deals that closed Monday, November 30, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $115.25M
Buyer: Christown 1755, LLC
Seller: Coventry II Phoenix Spectrum Fee, LLC
Property Type: Commercial (PSC), Christown Spectrum Mall
Property Size: 74.4 acres, 897,617 SF
Location: SEC N 19th Ave & W Bethany Home Rd in Phoenix (1703 W Bethany Home Rd)
APN: 156-35-004B, 156-35-001T, 156-35-001V, 156-35-001Y, 156-35-004G, 156-35-005C, 156-35-005E, 156-35-006, 156-35-012, 156-35-013, 156-35-014, 156-35-015
Financing: $5M down on assumption of existing loan
To view the affidavit, click here.

Price: $46.2M
Buyer: CA Greens AZ Owner, LLC
Seller: AIMCO Greens, LLC
Property Type: Apartments, The Greens Apartments
Property Size: 18.7 acres, 324 units
Location: SEC N Alma School Rd & W Chandler Blvd in Chandler (125 S Alma School Rd)
APN: 303-22-297A
Financing: New conventional loan
To view the affidavit, click here.

Price: $16M
Buyer: JEN Arizona 22, LLC
Seller: RES-AZ HP160, LLC
Property Type: Vacant land (Single family residential R1-35)
Property Size: 153.9 acres
Location: SWC of N 93rd Ave & W Happy Valley Rd in Peoria
APN: 201-16-003J, 201-16-003K, 201-16-004A, 201-16-004B, 201-16-006A, 201-16-007J
Financing: Cash
To view the affidavit, click here.

Price: $12.2M
Buyer: Sonoma Sol, LLP
Seller: V.D.S. Limited Partnership
Property Type: Apartments, Villa Del Sol
Property Size: 10.1 acres, 320 units
Location: SEC of N 63rd Ave & W McDowell Rd in Phoenix (6231 W McDowell Rd)
APN: 103-25-001M
Financing: $3M down on new loan
To view the affidavit, click here.

Price: $8.3M
Buyer: Greenway Place, LLC
Seller: Shea-Three Greenway, LLC
Property Type: Commercial, Greenway Promenade
Property Size: 8.1 acres, 64,337 SF
Location: NWC of N 59th Ave & W Greenway Rd in Glendale (5930 W Greenway Rd)
APN: 231-02-001B, 231-02-654B, 231-02-655B, 231-02-656B, 231-02-661B, 231-02-666B, 231-02-668B, 231-02-669B, 231-02-761, 231-02-762, 231-02-763, 231-02-764
Financing: $2.3M down on new conventional loan
To view the affidavit, click here.

Price: $6.95M
Buyer: Boyd Glendale GSA, LLC
Seller: Subotnick Enterprises, LP
Property Type: Commercial (PAD)
Property Size: 2.3 acres, 19,553 SF
Location: N of the NEC of N 73rd Ave & W Bell Rd in Glendale (7350 W Camino San Xavier)
APN: 200-44-738G
Financing: Cash
To view the affidavit, click here.

Price: $5.6M
Buyer: Corona Del Sol Plaza, LLC
Seller: FPWL Rural and Ray, LLC
Property Type: Commercial (PAD)
Property Size: 4.7 acres, 44,422 SF
Location: SEC N Rural Rd & W Ray Rd in Chandler (4939 & 4959 W Ray Rd)
APN: 301-67-965, 301-67-967
Financing: $1.54M down on new loan
To view the affidavit, click here.

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