Monday, June 6, 2016

Phoenix Vizzda Weekly - Week Ending June 3rd, 2016

 
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Keeping You Up-To-Date with Commercial Real Estate Deals in the Phoenix Metro Market  


The Vizzda Weekly is Vizzda's complimentary recap of the industry's commercial real estate activity for the previous week in Greater Phoenix. The Vizzda Weekly tells you the total number of sales and projects tracked by Vizzda that week, as well as detailed information on a selected deal or project from each major asset class.

Keep in mind, this is just the tip of the iceberg. Vizzda provides in-depth information for all commercial properties in Greater Phoenix, including, Office, Industrial, Retail, Multifamily, Commercial Land, Residential Lots and much more. 

For The Week Ending June 3rd, 2016

Vizzda reported 48 sale events totaling $151,170,847.00 in transaction value in the Phoenix Metro Market.

Vizzda also cataloged 4 Planning & Zoning events.  
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What Happened in LAND Last Week?

Vizzda reported 8 land sale events in the Phoenix Metro Market.
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Featured Land Sale:

Vacant Land Proposed for Chandler Corporate Center Sold for $8,456,240.00    

 On 5/27/2016, an entity tracing to Robert Collet sold this property to the Van Tuyl Group and VanTrust Real Estate for $8,456,240. The property is ±26.37 acres of vacant land zoned City of Chandler PAD and is currently planned for industrial/office/warehouse use as the Chandler Corporate Center.  

Vizzda Subscribers - click here to access the full report.

Would you like contact information for the owner? 
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What Happened in OFFICE Last Week?

Vizzda reported 9 office sale events in the Phoenix Metro Market. 
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Featured Office Sale:

Multi-Tenant Office Building Sold in Phoenix for $11.75M     

An entity tracing to Duane Nolde sold this office property on 6/1/2016 to Cityscape Development Corporation for $11.75M with $4.5M down and a new loan with Wells Fargo (amount unrecorded). The property is a 3-story multi-tenant office on 2.3 acres and is zoned A-1.      

Vizzda Subscribers- click here to access the full report.

Would you like more information on this property?
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What Happened in MULTIFAMILY Last Week?

Vizzda reported 7 multifamily sale events in the Phoenix Metro Market.  
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Featured Multifamily Sale:

100-Bed Senior Facility Purchased for $2,848,080.00 in Phoenix  

On 6/1/2016, Haven Health Group acquired this property from Grace Healthcare for $2,848,080.00 and with $6,053,076.00 in new debt with Capital Funding Group. 

Vizzda Subscribers - click here to access the full report.

Do you need more information on this transaction?
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What Happened in RETAIL Last Week?

Vizzda reported 6 retail sale events in the Phoenix Metro Market.
Vizzda also cataloged 1 retail Planning and Zoning event.
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Featured Retail Sale:

Neighborhood Shopping Center in Wickenburg Sold for $4.1M

On 6/1/2016, Sarabjit Singh sold this property to Timothy Ernst for $4.1M and with $3.5625M in new debt with Bankers Trust. The property consists of  three multi-tenant buildings on ±3.63 acres and is zoned C-2.   

Vizzda Subscribers - click here to access the full report. 

Would you like contact information for the new owner?
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What Happened in INDUSTRIAL Last Week?

Vizzda reported 8 industrial sale events in the Phoenix Metro Market.   
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Featured Industrial Sale:

±2 Acre Industrial Property in Phoenix Purchased for $1,255,300.00

On 5/31/2016, an entity tracing to David Caruso of myBekins acquired property from and entity tracing to Charles Nabit for $1,255,300.00 with $6,750,000.00 in new debt with Opus Bank, maturing on 5/24/2026. The property is one single-tenant building on ±2.09 acres and is zoned A-1. 

Vizzda Subscribers - click here to access the full report. 

Would you like additional property information?
Vizzda has it!

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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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