There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch.
In every issue, AZRE publishes the top five notable sales and leases that have occurred one month out from publication based on research compiled by DTZ and Colliers International with CoStar.
1. ADERO CANYON, FOUNTAIN HILLS
75 acres; $15.86M
BUYER: Toll Brothers
SELLER: MCO Properties, Inc.
LISTING BROKERS: Greg Vogel, Ben Jenkins, Bret Rinhart, Ryan Semro and Ben Heglie, Land Advisors Organization
2. LINCOLN DRIVE AND 56TH STREET, PARADISE VALLEY
43.76 acres; $10.5M
BUYER: Woodbine Development Corporation
SELLER: Crown Realty & Development, Inc.
3. BELLERO, QUEEN CREEK
130 acres; $8,413,170
BUYER: Elliott Homes, Inc.
SELLER: Axys Group
LISTING BROKERAGE: Nathan & Associates
4. TURQUESA EQUESTRIAN ESTATES, SCOTTSDALE
40 acres; $8.4M
BUYER: Toll Brothers
SELLER: Cattleman’s Mortgage & Investment Corporation
5. TEMPE MARKETPLACE TRL., TEMPE
8.17 acres; $6M
BUYER: KEIM, Inc.
SELLER: J&V Farms, LLC
