Tuesday, February 16, 2016

Phoenix Vizzda Weekly - week ending 2/12/16

 

Keeping you up-to-date with CRE deals in the Phoenix Metro Market

Team Vizzda would like to present Vizzda Weekly - our complimentary weekly recap of commercial real estate activity in the Phoenix Metro Market. 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 the Phoenix Metro Market to our subscribers.

For the week ending February 12th, 2016

Last week, Vizzda researched 51 Sale events totaling $276,349,246 in transaction value. We also reported on and cataloged Distressed Property notices and 23 Planning & Zoning events.
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What happened in LAND last week?

Vizzda reported on and cataloged 10 Land Sales and 1 Notice for Trustee Sale in the Phoenix Metro Market.
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Featured Land Sale:

±7.94 Acres Sells for $5.575M in Mesa

An entity tracing to Medical Properties Trust purchased this land on 2/11/2016 for $5.575M. Seller traces to El Dorado Holdings and has leased to First Choice Emergency Room. The property consists of ±7.94 acres of vacant commercial land with City of Mesa and is zoned LC.
  
please click here for the full report. 

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What happened in OFFICE last week?

Vizzda reported on and cataloged 10 Office Sales, 2 Notices for Trustee Sale and 1 proposed Office Planning & Zoning event in the Phoenix Metro Market.
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Featured Office Sale:

±1.39 Acre Office Property Sells for $675K in Phoenix 

An entity tracing to Bakerson (Jesse D Martin & Bruce B Wuollet) purchased this property on 2/9/2016 for $675K. Seller traces to Connexion Asset Group (Edwin G Anderson). The property consists of eight buildings built on ±1.39 acres and is zoned C-2 

Vizzda subscribers - please click here for the full report.

Would you like the purchase history for this property?
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What happened in MULTIFAMILY last week?

Vizzda reported on and cataloged 8 Multifamily Sales and 2 proposed for Planning & Zoning events in the Phoenix Metro Market.
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Featured Multifamily Sale:

±38.64 Acre Mobile Home Property Sells in San Tan Valley for $14.63M

An entity tracing to Fred J. Flemming purchased this mobile home property on 1/20/2016 for $14.63M with $7.065M down and $7.065M debt with Wells Fargo Bank. The seller traces to John Paul Donohue & Peter Donohue. The property consists of 162-space mobile home park on ±38.64 acres and is zoned MHP & CB-2.

Vizzda subscribers - please click here for the full report. 

Did you need more information on this property?
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What happened in RETAIL last week?

Vizzda reported on and cataloged 9 Retail Sales and 3 proposed Retail Planning & Zoning events in the Phoenix Metro Market.
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Featured Retail Sale:

±6 Acre Retail Property Sells for $2.2M in Glendale 

Jason Simpson, dba New Deal Used Cars bought this property 2/8/2016 for $2.2M with $600K down, $1.0M new debt with Del Mar Financial and Investments and $600K seller-carried. Seller entity traces to Tristar Properties. The property consists of ±44K SF Automotive Dealership & Repair with Four buildings on ±6.88 acres and is zoned C-3.   

Vizzda subscribers - please click here for the full report. 

Would you like the contact info for the new owner?
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What happened in INDUSTRIAL last week?

Vizzda reported on and cataloged 4 Industrial Sales and 2 proposed Industrial Planning & Zoning events in the Phoenix Metro Market.
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Featured Industrial Sale:

±5.3 Acre Industrial Property Sells for $5.7M in Phoenix

William & Abby Itule purchased this property on 2/5/2016 for $5.7M with $1.6M down and debt with Meridian Bank with a note amount up to $8.965M. The property consists of ±76K SF warehouse on ±5.38 acres and is zoned CP-GCP.    

Subscribers - please click here for the full report. 

Would you like additional property information?
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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.

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