THE VIZZDA WEEKLY
February 6th, 2017
Last week in Phoenix, Vizzda tracked $224,634,153 in commercial real estate transactions
including 68 sales and 25 new projects. Below are Vizzda's top reports of the week.
PLANNING & ZONING
 |
New Retail Expansion Proposed for San Tan Village Mall
On February 1st, The Town of Gilbert Planning Commission introduced a Site Plan for a new multi-building retail development on 7.8 acres of land.
(1 of 25 planning & zoning events last week)
|
LAND
 |
Vacant Land in Glendale Purchased for $4.8M
On February 1st, Garrett Walker Homes purchased 37.93 acres of vacant land in Glendale Betty Martin for $4,865,400 with $8,741,760 in new construction debt with First Continental Investment Company and $2,650,000 in new debt with Geddes and Company. The property is proposed for the development of a 187-lot single family subdivision.
(1 of 16 land sales last week)
|
OFFICE
 |
Medical Plaza in Anthem Purchased for $10.6M
On January 31st, The Colorado Group purchased 4 office buildings on 6.12 acres of land from West Coast Capital Partners for $10,600,000 with $1,855,000 down and $8,745,000 in new debt with Capital One.
(1 of 11 office sales last week)
|
MULTIFAMILY
 |
175-Unit Apartment Complex in Queen Creek Purchased for $22.65M
On February 1st, Daniel Hick purchased seventeen 2-story buildings on 10.53 acres of land from Michael Pachtman for $22,650,000 with $17,000,000 in new funding with HFF, maturing February 1st, 2027.
(1 of 6 multifamily sales last week)
|
INDUSTRIAL
 |
Flex Warehouse in Tempe Purchased for $16.4M
On January 26th, Carter Validus purchased one two-story building totaling 44,244 square feet from El Dorado Holdings for $16,400,000.
(1 of 14 industrial sales last week)
|
RETAIL
 |
Freestanding Automotive Retail in Gilbert Purchased for $1.4M
On February 2nd, Ryan, David, April and Julie Gunnell purchased one single-story building totaling 4,560 square feet from LaMoine Gunnell for $1,400,000 with $420,000 down and $980,000 in new funding with MidFirst Bank.
(1 of 16 retail sales last week)
|
Follow:
|  |
No comments:
Post a Comment