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Two Closings in Two Days

September 1, 2010 by Nick Miner, CCIM   No comments   Filed Under: Daily News, Featured

Nicholas L Miner, CCIM and David G Verwer, CCIM recently completed two commercial property sales in two days.

The first transaction was a 13,000 Sq. Ft of Office/Flex building in North Scottsdale. It was formerly occupied by the Raintree Pet Resort. The interesting part about this sale was it was a short sale with two lenders; one of which was the SBA. Nick and Dave represented the Seller in the transaction. The final sales price was $1.54M.

The second transaction was a 1.13 acre parcel in Flagstaff, Arizona. Nick had been working with a developer that was awarded a GSA contract for a build to suit. This property was under option for over a year before the GSA contract was finally awarded to Nick’s client. The final purchase price was $475,000. The seller purchased the property two years ago for over $600,000.

For more information about these transactions, please feel free to call or email Nick or Dave.

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

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