The Vizzda Weekly - Phoenix - January 3rd, 2017

 

THE VIZZDA WEEKLY

January 3rd, 2017

 

 

Last week in Phoenix, Vizzda tracked $338,146,191 in commercial real estate transactions

including 40 sales and 2 new projects. Below are Vizzda's top reports of the week. 

 

 

 

 

PLANNING & ZONING 

 

 

New Residential Subdivision Proposed for Development in Scottsdale            On December 29th, The City of Scottsdale introduced a Zoning District Map Amendment for the development of a 45 lot single-family residential subdivision.    (1 of 2 planning & zoning events last week)   Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Scottsdale Land Proposed for Senior Facility Sells for $6.5M   On December 28th, Greystar purchased a 22,474 square foot showroom on 1.97 acres of land from Legacy Kierland for $6,500,000. The property is proposed for the development of a five-story, 171-unit senior facility.                   (1 of 11 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report

 

OFFICE

 

 

DriveTime Automotive Corporate Office Purchased for $9.05M      On December 23rd, The Boyer Company purchased one single-story building built on 3.38 acres from Helix Properties for $9,050,000 with $1,320,000 down and $7,730,000 in new funding with Bank of Arizona.                  (1 of 14 office sales last week)   Vizzda Subscribers - Click Here to View Full Report      Click Here to View Sample Report

 

MULTIFAMILY

 

 

193-Unit Apartment Complex in Scottsdale Sells for $20.85M     On December 21st, Capital Real Estate purchased 25 residential buildings on 7.41 acres of land in Scottsdale from 3rd Avenue Investments for $20,850,000 with $15,632,000 in new funding with Walker & Dunlop, maturing January 1st, 2027.                 (1 of 4 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report

 

INDUSTRIAL

 

 

Warehouse in Gilbert Purchased for $1.85M   On December 27th, Titan Solar Power purchased one single-story building on 1.38 acres of land in Gilbert from Cloyce Clark for $1,850,000 with $400,000 down and $1,450,000 in a new cross-collateralized loan with JP Morgan Chase Bank.                      (1 of 5 industrial sales last week)    Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report

 

RETAIL

 

 

Pima Crossing Shopping Center in Scottsdale Sold for $46.15M       On December 29th, Karlin Real Estate purchased ten single-story buildings on 27.67 acres of land from Regency Centers for $46,150,000. The property is currently anchored by Stein Mart, PGA and Lifetime Fitness.                     (1 of 6 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report

 

 

 

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The Vizzda Weekly - Phoenix- November 21st, 2016

THE VIZZDA WEEKLY November 21st, 2016     Last week in Phoenix, Vizzda tracked $441,673,568 in commercial real estate transactions including 68 sales and 12 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING      New Outdoor Performance Pavilions Proposed for Development in Scottsdale        On November 14th, The Scottsdale City Council introduced a Site Plan Amendment for the development of two new outdoor performance pavilions on 10.75 acres of land.            (1 of 12 planning & zoning events last week)   Vizzda Subscribers - Click Here to View Full Report   LAND     Agricultural Land in Eloy Purchased for $14M   On November 2nd, Wood Creek Capital Management purchased 2,887 acres of agricultural land in Eloy from Mick Schlehuber for $14,000,000.              (1 of 17 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report     OFFICE     Four-Story Office in Phoenix Purchased for $12.625M       On November 15th, Make-A-Wish Foundation of Arizona purchased a four-story office building with sub-grade parking from Griffin Partners for $12,625,000.            (1 of 12 office sales last week)   Vizzda Subscribers - Click Here to View Full Report      Click Here to View Sample Report    MULTIFAMILY     Extended Stay Hotel in Chandler Purchased for $6.675M    On November 16th, Advanced Management & Investment purchased a 100-unit  hotel on 3.34 acres of land in Chandler from Wyndham Worldwide for $6,675,000 with new financing of $480,000 and $3,705,000 through Bank of Hope.             (1 of 13 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report    INDUSTRIAL     Manufacturing Facility in Goodyear Purchased for $42.85M   On November 17th, Huhtamaki purchased an 151 acre manufacturing distribution facility with 20,000 square feet of office space and 51 dock doors from Cohen Asset Management for $42,850,000.               (1 of 11 industrial sales last week)    Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report    RETAIL     Freestanding Retail Building in Mesa Purchased for $3.15M    On November 15th, Joy Miller purchased one multi-tenant building totaling 6,065 square feet from Michael Tenuta for $3,150,000 with $1,350,000 in new funding with Wells Fargo Bank.               (1 of 15 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample Report        Follow:

The Vizzda Weekly - Phoenix - October 17th, 2016

 

THE VIZZDA WEEKLY

October 17th, 2016

 

 

Last week in Phoenix, Vizzda tracked $319,792,968 in commercial real estate including 56 sales and 18 new projects. Below are Vizzda's top transactions of the week. 

 

 

 

 

PLANNING & ZONING 

 

 

40-Unit Apartment Complex Proposed for Development in Mesa     On October 11th, The City of Mesa Design Review Board introduced a Preliminary Review during a public meeting for the development of a subsidized, low income multifamily housing.      (1 of 18 planning & zoning events last week)     Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Land Proposed for Senior Facility in Mesa Purchased for $1.995M   On October 12th, Spectrum Retirement Communities purchased 9.52 acres of vacant commercial land from Cardon Bowden Investments for $1,995,000.         (1 of 12 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample PDF Report

 

OFFICE

 

 

Single-Tenant Office in Mesa Purchased for $1.435M     On October 7th, Daniel Murphy purchased a single-tenant office totaling 5,969 square feet from Fortress Residential Group for $1,435,000.        (1 of 12 office sales last week)   Vizzda Subscribers - Click Here to View Full Report      Click Here to View Sample PDF Report

 

MULTIFAMILY

 

 

Mobile Home Community in Miami Purchased for $1.8M   On October 4th, Robert Myers purchased an 85-space mobile home park on 27.36 acres from Gilbert & Rosa Paez for $1,800,000 with $200,000 down and $1,600,000 in seller-carried debt.          (1 of 9 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample PDF Report

 

INDUSTRIAL

 

 

Three Industrial Buildings in Phoenix Purchased for $1.35M   On October 7th, Michael & Timothy Terence and Christine Gillard acquired three industrial buildings totaling 42,000 square feet in a related sale from Thomas Gillard for $1,350,000.            (1 of 6 industrial sales last week)   Vizzda Subscribers Click Here to View Full Report   Click Here to View Sample PDF Report

 

RETAIL

 

 

Multi-Tenant Strip Retail in Mesa Purchased for $3.35M    On October 12th, Shahram Mokhtarzadeh and Guy Ben-Gal purchased two multi-tenant strip retail buildings totaling 21,810 square feet from Neil and Gregg Moran for $3,350,000, with $3,360,000 in related debt with Guy Ben-Gal’s entity.           (1 of 17 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report   Click Here to View Sample PDF Report