$5M+ Deals – $80M in 3 Phoenix commercial deals; Chandler, Glendale & Tempe commercial

Below are the deals that closed Thursday, January 21, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $34.9M+
Buyer: LSREF4 Dual (Airport), LLC
Seller: BRE AZ Office Owners, LLC
Property Type: Commercial (Heavy Industrial)
Property Size: 15 acres, 198,817 SF
Location: W of NWC N 44^th St & E Washington St in Phoenix (4127 & 4129 E Van Buren St)
APN: 124-08-094B
Financing: $11.72M+ down on new conventional loan
To view the affidavit, click here.

Price: $22.91M+
Buyer: LSREF4 Dual, LLC
Seller: BRE AZ Office Owners, LLC
Property Type: Commercial (Industrial Park)
Property Size: 10.7 acres, 359,266 SF
Location: E of SEC N 23^rd Ave & W Dunlap Ave in Phoenix (8620 & 8900 N 22^nd Ave)
APN: 158-05-082A, 158-05-030, 158-05-082B
Financing: $7.57M+ down on new conventional loan
To view the affidavit, click here.

Price: $20.26M+
Buyer: LSREF4 Dual (Compass), LLC
Seller: BRE AZ Office Owners, LLC
Property Type: Commercial (Light Industrial)
Property Size: 9.8 acres, 138,604 SF
Location: SWC 143 & University Dr in Phoenix (3150 S 48^th St)
APN: 124-53-037B
Financing: $6.17M+ down on new conventional loan
To view the affidavit, click here.

Price: $11.6M
Buyer: Line Leader V, LLC
Seller: KP Mill Crossing, LLC
Property Type: Commercial (Light Industrial)
Property Size: 5.4 acres, 42,121 SF
Location: SWC S Gilbert Rd & E Germann Rd in Chandler (2100-2180 S Gilbert Rd)
APN: 124-53-037B
Financing: Cash
To view the affidavit, click here.

Price: $10.98M+
Buyer: Jack Klein as survivor trustee of The JEK Revocable Trust dated March 2, 2000
Seller: SCP 2006-C23-129, LLC
Property Type: Commercial (General Commercial), CVS
Property Size: 1.4 acres, 13,367 SF
Location: NWC N 43^rd Ave & W Bethany Home Rd in Glendale (6030 N 43^rd Ave)
APN: 146-29-134C
Financing: Cash
To view the affidavit, click here.

Price: $5.5M
Buyer: Tempe Hotel Group, LLC
Seller: Silver Queen Motel 1, LLC
Property Type: Commercial (General Industrial District), Elliot Hotel
Property Size: 2.4 acres, 51,721 SF
Location: W of NWC S Priest Dr & W Elliot Rd in Tempe (1660 W Elliot Rd)
APN: 301-41-149B
Financing: $1.55M down on new loan
To view the affidavit, click here.

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January 22, 2016

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