Vizzda Weekly - week ending 10/23/15

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 October 23, 2015 Last week, Vizzda researched 54 Sales events totaling $146,637,313 in transaction value. We also reported on and cataloged 6 Distressed Property notices, 18 Debt Recordings and35 Planning & Zoning events.
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What happened in LAND last week? Vizzda reported on and cataloged 17 Land Sales and 3 Debt Recording in Maricopa County.
	Featured Land Sale: ±21 Acres sells for $4.3M in Litchfield Park Evergreen Development Co. purchased ±21 acres on 10/20/2015 from Sun Health Properties and Charlene D. Bodine (Family Trust) for $4.3M. Sale recorded as two transactions. The site is proposed for a 2,850 SF restaurant (Jack In The Box), 15K SF inline retail strip, 10K SF freestanding PAD "PAD A", 5K SF freestanding PAD "PAD C", 124K SF Fry's Grocery (anchor) with a fuel center & 1.54 acre park.   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, 1 Notice for Trustee Sale and 2 Debt Recordings in Maricopa County.
	Featured Office Sale: ±25K SF Office Property purchased by the BBB for $4.3M in Phoenix The Better Business Bureau acquired two one-story office buildings built in 1981 & 1982 on 10/21/2015 for $4.3M with $1.5M down and $2.8M in new debt with Desert Schools Federal Credit Union. 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, 2 Debt Recordings and 4 proposed Multifamily Planning & Zoning events in Maricopa County.
	Featured Multifamily Sale: Mountain View Apartments sells for $684K in Phoenix On 10/21/2015, Florin Ianc purchased 16-unit 2-story multifamily property from Liliana Stoianova for $684K or $42,750 per unit with $20K down and two notes with sale: $547K with John W. Blauvelt (matures 10/20/2016) and $120K with Jason Bradley Payne (matures 5/31/2016). The property consists of one building, totaling ±9K SF, built in 1982 on 0.39 acres zoned R-4 & M-H. Vizzda subscribers - please click here for the full report.
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What happened in RETAIL last week? Vizzda reported on and cataloged 14 Retail Sales, 3 Notices for Trustee Sale, 7 Debt Recordings and 6 proposed Retail Planning & Zoning events in Maricopa County.
	Featured Retail Sale: Freestanding Retail Property sells for $823K in Old Town Scottsdale John N. Vatistas (co-owner of Russ Lyon Sotheby's International Realty) purchased a ±2,655 SF freestanding retail building on 10/21/2015 from Brian Curley (Schmidt Curley Design Inc.) for $823K ($310 per SF) with $292K down and $856K debt with Western State Bank, maturing 10/20/2025.  Vizzda subscribers - please click here for the full report.
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What happened in INDUSTRIAL last week? Vizzda reported on and cataloged 5 Industrial Sales, 1 Notice for Trustee Sale, 4 Debt Recordings and 3 proposed Industrial Planning & Zoning events in Maricopa County.
	Featured Industrial Sale: ±66K SF Industrial Flex Property sells for $3.7M in Scottsdale Grant Russell purchased a ±66K SF industrial flex property on 10/20/2015 for $3.7M or $56.59/SF, with $4.4M in new debt with BMO Harris Bank. The property consists of one building, built in 2000, on 5.45 acres and zoned I-1. Vizda 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.