January Off to a Strong Start in Sales Transactions at Sperry Van Ness

image_pdfimage_print

sperry Van NessLAND SALES:
Michael Gaida, Erin Schrauth, Greg Vanlerberghe and Peter McQuaid of Sperry Van Ness in Phoenix collectively represented the seller in the $1,175,000 ($2.64 PSF) sale of 10.2 acres of land at 107th Avenue and Beardsley.  The Seller was RMG Real Estate Services. The buyer was Landvest Management and represented by Cassidy Turley.

Greg Vanlerberghe and Peter McQuaid of Sperry Van Ness in Phoenix represented the seller, Chandler Opportunity Development, LLC, in the sale of a 36,606 SF parcel of land located at the NEC of Dobson Road and Elliot Road in Chandler.  The buyer, CPG Dobson & Elliot Retail, LLC, paid $360,000 ($9.83 PSF) and was represented by Aaron Klusman of Camelback Realty Group. Dunkin Donuts is planned for this location.

OFFICE SALES:
Justin Horwitz and Nicole Ridberg of Sperry Van Ness in Phoenix represented the seller, Donald Wilson, in the sale of a 10,690 SF fully vacant freestanding office building located at 910 E. Osborn Road in Phoenix.  The all cash investor purchase by Knightly Living Trust closed within 45 days of initial list price and closed at a final sales price of $1,162,250 ($109 PSF) on December 30, 2013.

Justin Horwitz and Nicole Ridberg of Sperry Van Ness in Phoenix represented the seller in the $415,470 ($110 PSF) sale of Mirage Crossing  located at 105757 N. 114th Street, Suite 107 in Scottsdale. The 3,777 SF office condo was purchased by Colorado North, LLC.

MULTIFAMILY:
Neil Sherman and Danny Lee of Sperry Van Ness in Phoenix represented the seller, Antonina Morawa, in the $1,216,000 ($32,000 per unit) sale of Heatherbrea Apartments, located at 6101 N 61st Avenue in Glendale.  The 38 unit complex was purchased by Alfred P. Howell, Inc. and closed on January 8, 2014.

To reach Sperry Van Ness Commercial Real Estate Advisors contact 480.425.5501

Submit your sales and leases to REDailyNews@outlook.com