Tuesday, August 12, 2014

Reported in BREW:

Reported in this week's issue ofBREW
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August 12, 2014
SO. CALIF.-BASED INVESTOR SPENDS $21.6 MILLION FOR DEER VALLEY PROJECT
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Phoenix - A company formed by Griffin Opportunities LLC in Los Angeles, Calif. (Charles Cale, Walter Cale, principals) paid $21.6 million ($209.72 per foot) to buy a 102,996-square-foot flex-office showroom project located at 2851 W. Kathleen Road in the Deer Valley area of Phoenix. Maricopa County records show the buyer in the cash sale was 2851 K Mac Go LLC, a subsidiary of Griffin Opportunities. The seller was Intravest 2851 Kathleen LLC, a company formed by Intravest Development LLC in Phoenix (Thomas RoskosMason Cave, principals).

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