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. 2650 E. Queen Creek Rd., Chandler
316,034 SF; $50.179M
Buyer: Rood Investments
Seller: SunCap Property Group
Listing BrokerAGE: Stan Johnson Company
2. 1415-1509 W. Third St., Tempe
82,257 SF; $10,899,284
Buyer: Senior Housing Properties Trust
Seller: Select Income REIT
3. 651 N. 101st Ave., Avondale
73,050 SF; $10.2M
Buyer: Cummins Rocky Mountain, LLC
Seller: Granco Enterprises
4. Kovach Headquarters, Chandler
62,533 SF; $8.08M
Buyer: STORE Capital
Seller: Kovach, Inc.
Listing BrokerAGE: Core Properties, LLC
5. Washington Business Park, Phoenix
110,622 SF; $8,962,189
Buyer: Covington Asset Management
Seller: City of Phoenix
Listing BrokerAGE: CBRE
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