$5M+ Deals – North Scottsdale & Phoenix commercial

Below are the deals that closed Tuesday, March 1, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $19.804M
Buyer: K2H Scottsdale Commerce, LLC
Seller: Scottsdale Commerce Center, LLC
Property Type: Commercial
Property Size: 8.2 acres, 114,396 SF
Location: E of SEC N Scottsdale Rd & N Greenway Hayden Loop in Scottsdale (15455 N Greenway Hayden Loop)
APN: 215-44-001K
Financing: $7.054M down on new loan
To view the affidavit, click here.

Price: $14M
Buyer: IPT Baseline IC, LLC
Seller: MAZAL TOV REALTY ADA COMPLIANT LIMITED PARTNERSHIP
Property Type: Commercial
Property Size: 9.5 acres, 117,385 SF
Location: SWC S 48^th St & E Baseline Rd in Phoenix (4707 E Baseline Rd)
APN: 301-15-142
Financing: Cash
To view the affidavit, click here.

Price: $10.55M
Buyer: McDowell Phoenix Holdings, LLC
Seller: Vintage Apts, LP
Property Type: Commercial (Intermediate), Legacy Suites
Property Size: 9 acres, 220,314 SF
Location: SEC N 83^rd Ave & W McDowell Rd in Phoenix (8225 W McDowell Rd)
APN: 102-45-014A
Financing: Seller loan
To view the affidavit, click here.

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March 2, 2016

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