azre_big_dealsThere’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 for a period of 60 days (one month out from publication) based on research compiled by Cassidy Turley and Colliers International with CoStar.

Top 5 Notable Sales (June 1, 2014 to July 31, 2014) Source: Cassidy Turley Research Department, Colliers International and CoStar.

Land Sales

1. Lincoln Road and 56th Street, Paradise Valley
12 acres; $38.7M
BUYER: Cullum Homes
SELLER: Crown Realty & Development, Inc.
Listing BrokerAGE: Nathan & Associates

2. Signal Butte and Guadalupe, Mesa
128.76 acres; $21,623,412
BUYER: Blandford Homes
SELLER: Jerry Ivy Trust

3. N. 130th Ave., Surprise
160 acres; $14,065,413
BUYER: Vistancia West Construction LP
Listing Brokerage: TNT Boys LLC

4. 1350 N. Priest Dr. — Rhythm Subdivision, Chandler
29.20 acres; $11,275,290
BUYER: Mattamy Homes
SELLER: Property Reserve, Inc.
Listing Brokerage: Property Reserve, Inc.

5. 708 S. Lindon Ln., Tempe
14.60 acres; $8.75M
BUYER: Capstone Properties Corp.
SELLER: Cook Native America Ministries
Listing Brokerage: Berkadia