Last week in Phoenix, Vizzda tracked $645,987,904 in commercial real estate deals including79sales and 26newprojects. Below are Vizzda's top transactions of the week.
PLANNING & ZONING
Retail Power Center Proposed for Development in Gilbert
On October 5th, The Town of Gilbert Planning Commission introduced a site plan for the development of a 187,128 square foot retail power center consisting of 14 buildings including a regional anchor with mini-major tenants, pads, shops and service providers.
181-Unit Apartment Complex in Phoenix Purchased for $6.6M
On October 3rd, Husam Suleiman purchased a 76,595 square foot apartment complex in eight 2 & 3-story buildings on 4 acres from Andre Laibe for $6,600,000 with $1,650,000 down and $4,950,000 in funding with New York Community Bank.