4821 N. Scottsdale Rd., Scottsdale

May 13, 2015


Big Deals: Retail/Sales, May 2015-June 2015

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. 4821 N. Scottsdale Rd., Scottsdale
22,500 SF; $15M
Buyer: Levine Investments, LP
Seller: Simms Development Co.
Listing BrokerS: Jim Fijan and Will Mast, CBRE

2. 1521 E. Camelback Rd., Phoenix
20,255 SF; $13,197,607
Buyer: Berkshire Hathaway Automotive
Seller: Van Tuyl Automotive Group

3. 9925 E. Baseline Rd., Mesa
80,247 SF; $11.75M
Buyer: Kennon Stuart Shea
Legacy Trust
Seller: TME Augusta Ranch, LLC
Listing Brokerage: Sun Commercial Real Estate

4. 4216-4242 W. Bethany Home Rd., Phoenix
95,057 SF; $9.9M
Buyer: Oakmead Village LLC
Seller: Michael A. Pollack Real Estate Investments
Listing Brokerage: Phoenix Commercial Advisors

5. Monterey Vista Village, Chandler
88,382 SF; $9.8M
Buyer: CIRE Partners
Seller: Exit Realty Exclusive
Listing Brokerage: ORION Investment Real Estate