Last week in Phoenix, Vizzda tracked $150,573,410 in commercial transactions including 45 sales and 12 new projects. Below are reports for five of those events.
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Commercial Land Proposed for Retail Purchased for $2.5M
On September 22nd, Simon Commercial Real Estate purchased 3.04 acres of vacant commercial land from Arcus Williams Field EP for $2,515,619.
(1 of 14 land sales last week)
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Multi-Tenant Office in Scottsdale Purchased for $2M
On September 22nd, Hanson Capital purchased a 16,178 square foot multi-tenant medical office from Mary Ann Zopfi for $2,000,000.
(1 of 9 office sales last week)
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Apartment Complex in Glendale Purchased for $14M
On September 21st, Direct Source Wealth purchased 352 apartments units from Connexion Asset Group for $14,000,000 with $10,500,000 in new funding with Grandbridge Real Estate Capital.
(1 of 7 multifamily sales last week)
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Flex Space in Avondale Purchased for $7.3M
On September 15th, Melissa Splaine & Thomas Hansch purchased a 77,448 of industrial flex space from Buchanan Street Partners for $7,300,000 with $2,500,000 down and $4,800,000 in new funding with State Farm Life Insurance Company.
(1 of 6 industrial sales last week)
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Freestanding Retail in Glendale Purchased for $3.7M
On September 19th, Thomas English Real Estate purchased 4,764 of freestanding retail from Circle K Stores for $3,700,000 with $301,500 down and $4,494,471 in new funding with Meadows Bank.
(1 of 9 retail sales last week)
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