Vizzda Weekly - week ending 9/25/15

Keeping you up-to-date with CRE deals in the Phoenix metro area
Team Vizzda would like to present Vizzda Weekly - our complimentary weekly recap of commercial real estate activity in Maricopa County. Every Monday we send out Vizzda Weekly with the number of events we reported on and cataloged along with some featured events from the previous week.
Keep in mind, this is just the tip of the iceberg. Vizzda provides in depth information for all commercial properties - Multifamily, Office, Industrial, Retail, Storage, Hospitality, Mobile Home, Senior Facilities, Golf, Hospitals, Land & Lots - in Maricopa County to our subscribers. ***VIZZDA NOW COVERS PINAL COUNTY*** Team Vizzda is pleased to announce the addition of Pinal County data to our exclusive information service. Please contact Karyn MacVean at (480) 924-2000 orkmacvean@vizzda.com for pricing and assistance.
For the week ending September 25, 2015 Last week, Vizzda researched 49 Sales events totaling $198,018,588 in transaction value. We also reported on and cataloged 5 Distressed Property notices, 18 Debt Recordings and14 Planning & Zoning events.
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What happened in LAND last week? Vizzda reported on and cataloged 21 Land Sales and 4 Debt Recordings in Maricopa County.
	Featured Land Sale: 7.3 Acres sells for $2.9M in Gilbert Prairie 3 acquired ±7.35 RC zoned acres of the City Gate project on 9/22/2015 from Woodbury Corporation for $2.9M all down with no new debt recorded. Buyer entity is a branch of buyer company that focuses on hotel development Vizzda subscribers - please click here for the full report.
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What happened in OFFICE last week? Vizzda reported on and cataloged 5 Office Sales, 2 Notices for Trustee Sale, 2 Debt Recordings and 1 proposed Office Planning & Zoning event in Maricopa County.
	Featured Office Sale: Good Sam Professional Building sells for $3.1M in Phoenix Sun Life Assurance Company sold the ±63K SF medical office building built in 1995 on 9/23/2015 for $3.1M. Buyer entity traces to James Turpen, CEO at Centum Health Properties, and to brokers Scott Reichenberg and Neil Littmann of the Colorado Group. Vizzda believes Centum Health Properties is the true buyer. Vizzda subscribers - please click here for the full report.
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What happened in MULTIFAMILY last week? Vizzda reported on and cataloged 7 Multifamily Sales, 1 Notice for Trustee Sale, 4 Debt Recordings and 1 proposed Multifamily Planning & Zoning event in Maricopa County.
	Featured Multifamily Sale: Pinewood Village sells for $3.3M in Phoenix Scott McIntosh & Matt Fulton acquired the 93-unit apartment complex on 9/22/2015 for $3.3M, with $5M in debt with related entity (Scott McIntosh as managing member).The property consists of six 2-story buildings totaling ±58K SF built 1973 on 2.62 acres zoned R-4 and features 1 pool, clubhouse and on-site laundry facility. Vizzda subscribers - please click here for the full report.
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What happened in RETAIL last week? Vizzda reported on and cataloged 6 Retail Sales, 3 Debt Recordings and 2 proposed Retail Planning & Zoning events in Maricopa County.
	Featured Retail Sale: Retail/Office property sells for $7.1M in Tempe Ronald C. Malone exercised an option agreement (part of his lease) with City of Tempe (landlord) on 9/22/2015; lease terminated with sale, no affidavit recorded or sale price disclosed. That same day, Ronald C. Malone sells this ±11K SF retail/office property, built in 2007, to Texas investors Crow Holdings for $7.1M with no new debt recorded with sale. Vizzda subscribers - please click here for the full report.
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What happened in INDUSTRIAL last week? Vizzda reported on and cataloged 8 Industrial Sales, 1 Notice for Trustee Sale, 3 Debt Recordings and 1 proposed Industrial Planning & Zoning event in Maricopa County.
	Featured Industrial Sale: 370K SF Industrial Flex property sells for $14.7M in Phoenix Interplast Group acquired this ±370K SF industrial flex/offce built in 1993, zoned A-2, on 9/21/2015 from Sunchase Holdings for $14.7M, or $39.69 per SF, all down, no debt recorded with sale. Vizzda subscribers - please click here for the full report.
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DISCLAIMER: The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this information to independently verify it.