Vizzda Weekly - week ending 10/30/15

Keeping you up-to-date with CRE deals in the Phoenix metro area
Team Vizzda would like to present Vizzda Weekly - our complimentary weekly recap of commercial real estate activity in Maricopa County. Every Monday we send out Vizzda Weekly with the number of events we reported on and cataloged along with some featured events from the previous week.
Keep in mind, this is just the tip of the iceberg. Vizzda provides in depth information for all commercial properties - Multifamily, Office, Industrial, Retail, Storage, Hospitality, Mobile Home, Senior Facilities, Golf, Hospitals, Land & Lots - in Maricopa County to our subscribers. ***VIZZDA NOW COVERS PINAL COUNTY*** Team Vizzda is pleased to announce the addition of Pinal County data to our exclusive information service. Please contact Karyn MacVean at (480) 924-2000 orkmacvean@vizzda.com for pricing and assistance.
For the week ending October 30, 2015 Last week, Vizzda researched 59 Sales events totaling $245,504,603 in transaction value. We also reported on and cataloged 2 Distressed Property notices, 31 Debt Recordings and21 Planning & Zoning events.
Sponsored by
What happened in LAND last week? Vizzda reported on and cataloged 17 Land Sales, 1 Notice for Trustee Sale and 7 Debt Recordings in Maricopa County.
	Featured Land Sale: ±7 Acres sells for $1.3M in Mesa EastGroup Properties purchased ±7.82 acres of commercial land zoned LI on 10/28/2015 from Hewson Development Corp. for $1,311,159 ($4 per unimproved SF). It's planned for a 120K SF industrial building.  Vizzda subscribers - please click here for the full report.
Would you like contact info for the buyer or seller? Vizzda has it!
Contact Us For More Information
What happened in OFFICE last week? Vizzda reported on and cataloged 4 Office Sales, 1 Notice for Trustee Sale and 3 Debt Recordings in Maricopa County.
	Featured Office Sale: ±2,810 SF Office Property sells $290K in Phoenix Patricia Yager purchased a single story office property, built 1959 & zoned C-1, on 10/26/2015 from John D. & Shannon L. Miller for $290K ($103 per SF). There was no debt recorded with the sale.  Vizzda subscribers - please click here for the full report.
Would you like the purchase history for this property? Vizzda has it!
Contact Us For More Information
What happened in MULTIFAMILY last week? Vizzda reported on and cataloged 11 Multifamily Sales, 8 Debt Recordings and 3 proposed Multifamily Planning & Zoning events in Maricopa County.
	Featured Multifamily Sale: Bulk Condo Units sell for $6.4M in Phoenix Thomas Commers and Aaron James have sold 146 units in El Cortez to FPA Multifamily for $6.4M or $43,835 per unit. There are a total of 165 units in this 3-story apartment complex and all of the units are studio apartments. There was no debt recorded with the sale that took place on 10/27/2015. Vizzda subscribers - please click here for the full report.
Did you need more information on this property? Vizzda has it!
Contact Us For More Information
What happened in RETAIL last week? Vizzda reported on and cataloged 12 Retail Sales, 8 Debt Recordings and 3 proposed Retail Planning & Zoning events in Maricopa County.
	Featured Retail Sale: Former "Mervyn's" Retail Anchor sells for $2.3M in Chandler Asad Hasasneh (owner, Furniture & Mattress Discounters, new tenant) purchased a 75K SF retail anchor on 10/26/2015 from Vintage Partners for $2.3M ($30.34 per SF) with $134K down and two new SBA notes originated with Seacoast Commerce Bank: $2.1M note and $382K construction loan. The single story building was built in 1990 and was formerly the location of "Mervyn's" department store.  Vizzda subscribers - please click here for the full report.
Would you like the contact info for the new owner? Vizzda has it!
Contact Us For More Information
What happened in INDUSTRIAL last week? Vizzda reported on and cataloged 12 Industrial Sales, 6 Debt Recordings and 1 proposed Industrial Planning & Zoning event in Maricopa County.
	Featured Industrial Sale: ±9K SF Industrial Flex Property sells for $750K in Tempe Zachary E. & Darcy A. Stravitz (Stravitz Glass, current tenant) purchased the multi-tenant industrial flex property on 10/28/2015 from Henry F. Ander et al. for $750K ($81 per SF) with $112K down and a new $637K SBA loan originated through Wells Fargo. The property consists of 1 single story building built in 1986 on .55 acres and zoned I-1.  Subscribers - please click here for the full report.
Would you like additional property information? Vizzda has it!
Contact Us For More Information
DISCLAIMER: The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this information to independently verify it.