$5M+ Deals – Thunderbird Rd commercial, Tempe apartments

Below are the deals that closed Wednesday, December 2, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $14.22M
Buyer: Deer Valley Center, LLC
Seller: Deer Valley Center Ltd.
Property Type: Commercial (PSC), Deer Valley Center
Property Size: 11.4 acres, 130,166 SF
Location: SEC N 43rd Ave & W Thunderbird Rd in Phoenix (4025-4259 W Thunderbird Rd)
APN: 149-26-006L, 149-26-006H, 149-26-006J, 149-26-006K
Financing: Assumption of existing loan
To view the affidavit, click here.

Price: $8.07M
Buyer: 944 South Terrace Road Tempe JV, LLC
Seller: Park Central Properties
Property Type: Apartments, University Village Apartments
Property Size: 4.6 acres, 101 units
Location: NEC S Rural Rd & E University Dr off Terrace Rd in Tempe (944 S Terrace Rd)
APN: 132-73-049E
Financing: Cash
To view the affidavit, click here.

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