Wednesday, September 14, 2016

The Vizzda Weekly - Greater Phoenix - September 12th, 2016

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September 12th, 2016
Last week in Phoenix, Vizzda tracked $248,548,486 in new commercial transactions including38 sales and 19 new projects. Below are reports for five of those events.
Land Proposed for Residential Lots Purchased in Mesa for $2.1M
On September 6th, Maracay Homes purchased 18.99 acres of raw land in Mesa from Laurin Hendrix for $2,100,000.     
(1 of 14 land sales last week)
Multi-Tenant Office in Phoenix Purchased for $3M  
On September 1st, James Aaron Klusman purchased a multi-tenant office totaling 16,164 SF from Haydon Building Corporation and Terrence Plas for $3,000,000 with $1,200,000 in new funding with RepublicBankAZ and $700,000 in seller-carried debt.  
(1 of 4 office sales last week)
42-Unit Apartment Complex Purchased in Mesa for $2.537M  
On September 6th, M&L Financial purchased a 2-story, 42 unit apartment complex totaling 35,632 SF from Ira and Gemma Zunin for $2,537,000 with $1,600,000 in new funding with Bank of the West.      
(1 of 5 multifamily sales last week)
Warehouse Close to Goodyear Airport Purchased for $590K
On September 8th, Charlotte Young purchased a warehouse totaling 6,974 SF from Gerald Remaklus for $590,000 with $384,720 in new funding with Arizona Business Bank and a $160,300 SBA loan.     
(1 of 4 industrial sales last week)
Freestanding Grocery Store in Chandler Purchased for $4.3M 
On September 7th, Harold Baum purchased 14,062 SF of retail space from Typerion Partners for $4,300,000 with $2,370,000 in new funding with Protective Life Corporation.       
(1 of 11 retail sales last week)
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