$5M+ Deals – $279M for Biltmore area bldgs; Scottsdale & Phoenix apartments; Mesa, Tempe & Scottsdale commercial; Gilbert & Peoria land

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

Price: $279M
Buyer: Esplanade Owner, LP
Seller: Metropolitan Life Insurance Company
Property Type: Commercial
Property Size: 6.9 acres, 2,108,026 SF
Location: E of SEC N 24th St & E Camelback Rd in Phoenix (2425, 2525, 2555 & 2575 E Camelback Rd)
APN: 163-17-089H, 163-17-089R, 163-17-089E, 163-17-089Q
Financing: $120M+ down on new conventional loan
To view the affidavit, click here.

Price: $53.96M+
Buyer: Passco Luxe DST
Seller: WDF-3 Wood Scottsdale Owner, LLC
Property Type: Apartments, Luxe Scottsdale
Property Size: 5.7 acres, 218 units
Location: NEC N Granite Reef Rd & E Indian School Rd in Scottsdale (8418 E Indian School Rd)
APN: 173-55-002G
Financing: $0 down on new conventional loan
To view the affidavit, click here.

Price: $13M
Buyer: City of Mesa, Arizona
Seller: Western Alliance Bank
Property Type: Commercial
Property Size: 14.5 acres, 109,382 SF
Location: W of NWC S Country Club Dr & W Baseline Rd in Mesa (708 W Baseline Rd)
APN: 134-24-029
Financing: Cash
To view the affidavit, click here.

Price: $7.85M
Buyer: Shoup Rose, LLC
Seller: Gelt Rose Holdings, LLC
Property Type: Apartments, Sora on Rose
Property Size: 2.7 acres, 92 units
Location: NEC N 16th St & E Rose Ln in Phoenix (6201 N 16th St)
APN: 164-37-011A
Financing: $3.3M down on new loan
To view the affidavit, click here.

Price: $6.25M
Buyer: Evergreen-144th & Washington, LLC
Seller: Wells Fargo Bank
Property Type: Commercial
Property Size: 8.7 acres, 77,598 SF
Location: SWC S Roosevelt St & W Broadway Rd in Tempe (711 W Broadway Rd)
APN: 123-55-001
Financing: $1.9M down on new conventional loan
To view the affidavit, click here.

Price: $6.05M
Buyer: Campbell El Dorado, LLC
Seller: Eldorado Investments, LLP
Property Type: Commercial
Property Size: 1.1 acres, 29,097 SF
Location: N of NEC N 68th St & E Osborn Rd in Scottsdale (6825 E 4th St)
APN: 130-10-038, 130-10-039
Financing: Cash
To view the affidavit, click here.

Price: $5.8M
Buyer: Toll Brothers AZ Construction Company
Seller: Alliance Opportunity Fund -Seville, LLC
Property Type: Vacant land
Property Size: 19.2 acres, 29,097 SF
Location: Seville Golf & Country Club in Gilbert
APN: 304-78-073A, 304-78-073C
Financing: Cash
To view the affidavit, click here.

Price: $5M
Buyer: Smith’s Food and Drug Centers, Inc.
Seller: Cypress Lake Pleasant, LP
Property Type: Vacant land
Property Size: 9.7 acres, 2,075 SF
Location: NEC N Lake Pleasant Pkwy & W Happy Valley Rd in Peoria
APN: 201-06-183, 201-08-184, 201-08-185, 201-08-186, 201-08-187
Financing: Cash
To view the affidavit, click here.

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