THE VIZZDA WEEKLY
August 8th, 2016
Last week in Phoenix, Vizzda tracked $284,794,100 in commercial transactions,
including 40 sales and 14 new commercial projects. Below are reports for five of those events.
LAND
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Gilbert Land Proposed for Car Wash Purchased for $1.415M
On July 29th, Valero Energy Corporation purchased this 3.67 acre property from Abdul Rahman Jazzar for $1,415,287.76.
(1 of 7 land sales last week)
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OFFICE
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Multi-Tenant Office Park in Phoenix Purchased for $1.2M
On August 4th, Elias Hanna purchased this 3-story office property from Chris and Judy Barnes for $1,200,000.
(1 of 6 office sales last week)
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MULTIFAMILY
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Mobile Home Park in Mesa Purchased for $8.8M
On August 4th, Cobblestone Real Estate & Tricon Capital purchased this property from Angus & Frances Keith for $8.8M. Buyer assumes seller's original notes of $4.865M & $1.147M with Fannie Mae.
(1 of 10 multifamily sales last week)
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INDUSTRIAL
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Truck Driving School Purchased for $1.2M
On July 29th, David Auza purchased this 6,236 warehouse property from from Wade & Glendyon Murphree for $1.2M.
(1 of 3 industrial sales last week)
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RETAIL
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Furniture Store Near Arrowhead Mall Purchased for $6.25M
On August 2nd, Mega Furniture purchased this property from Stephen Fuller for $6.25M with $1.375M down and $4.875M variable-interest debt with Bank of the West.
(1 of 14 retail sales last week)
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