Last week in Phoenix, Vizzda tracked $645,987,904 in commercial real estate deals including79 sales and 26 new projects. Below are Vizzda's top transactions of the week.
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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.
(1 of 26 planning & zoning events last week)
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96 Acres of Land in Laveen Purchased for $1.675M
On September 29th, Donald & Jami Bourdo, Marsha Gallow, Keldy & Casey Winters, and David & Tiffany Beebe purchased 96.03 acres of raw land for $1,675,000.
(1 of 19 land sales last week)
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Two-Story Office Building in Phoenix Purchased for $1.95M
On October 3rd, RC Lurie purchased a 25,544 square foot office building in Phoenix from Lee Harding for $1,950,000.
(1 of 14 office sales last week)
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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.
(1 of 13 multifamily sales last week)
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Multi-Tenant Industrial Flex in Phoenix Purchased for $4M
On October 4th, P. Thomas Edwards purchased 37,943 square feet of industrial flex space in Phoenix from J. Russell Perlich for $4,000,000.
(1 of 12 industrial sales last week)
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Fast Food Restaurant in Glendale Purchased for $875K
On October 6th, Dennis Hitzeman purchased a 2,871 square foot restaurant with drive-thru from West Valley Properties for $875,000 with $710,000 in new funding with Signature Bank.
(1 of 21 retail sales last week)
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