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 | STADEM INDUSTRIAL BUILDING
1206 North Stadem Drive, Tempe, AZ 85281
TEMPE, AZ – JUNE 2007 — Transwestern has arranged the sale of Stadem Industrial Building, a flex industrial/office space facility located in Tempe, Arizona for $565,000. Bobby Bull, Managing Director and Matt Lockin, Associate, of Transwestern multifamily investment sales team in the West region, represented the seller, Tim Orscheln, in the transaction. Located at 1206 North Stadem Drive, Stadem Industrial Building is comprised of 3,274 square feet of flex industrial space. The buyer South Fork Real Estate intends to use the space as a design facility that provides interior products for the commercial and healthcare industries. |  | MILES LAND PARCEL
SWCof Cave Creek Road & Ashler Hills Drive, Cave Creek, AZ
PHOENIX, AZ –December 2006 — Transwestern today announced the sale of Miles Land Parcel, a land parcel located in Cave Creek, for $1.5MM. Bobby Bull, managing director and Matt Lockin, associate of Transwestern multifamily investment sales team in the west region, represented the seller, Dr. Don & Judith Miles, in the transaction. M & R Investments was the buyer of the 5.43 acres of land located at the SWC of Cave Creek Rd and Ashler Hills Drive. |  | ABRAMS LAND PARCEL
SEC of Rancho Paloma Drive & Cave Creek Road, Cave Creek, AZ
PHOENIX, AZ – December 2006 — Transwestern today announced the sale of Abrams Land Parcel, a land parcel located in Cave Creek, for $7.26MM. Bobby Bull, managing director and Matt Lockin, sales associate of Transwestern multifamily investment sales team in the west region, represented the seller, Jack & Lynn Londen of Londen Land Companies, in the transaction. Trammell Crow Residential was the buyer of the 15.16 acres of land located at the southeast corner of Rancho Paloma Drive and Cave Creek Road. |  | FOUNTAIN HILLS SELF-STORAGE
11860 North Tower Drive, Fountain Hills, AZ
PHOENIX, AZ – December 2006 — Transwestern today announced the sale of Fountain Hills Self-Storage, a Self-Storage facility located in Fountain Hills, for $4.15MM. Bobby Bull, managing director and Matt Lockin, sales associate of Transwestern multifamily investment sales team in the west region, represented the seller, Atlantic Development Investments, LLC., in the transaction. Located at 11860 North Tower Drive, Fountain Hills Self-Storage facility covers 2.6 acres and is comprised of 475 individual storage units. |  | ORANGEWOOD GROVE APARTMENTS
4828 West Orangewood Avenue, Glendale, AZ 85301
PHOENIX, AZ – April 2006 — Transwestern has arranged the sale of Orangewood Grove Apartments, a 52-unit multifamily complex in Glendale, Arizona, for $4.4 million. Bobby Bull, Managing Director of Transwestern multifamily investment sales team and Matt Lockin in the West region, represented the seller and buyer in the transaction. Larry LeSuer and Norman King were the sellers of Orangewood Grove and the buyer was Kevin Peck of Right Place Properties. Located at 4828 West Orangewood Avenue, Glendale, Arizona; Orangewood Grove Apartments is comprised of 10 buildings and totals 54,048 square feet. |  | DESERT TERRACE
6515 West McDowell Road, Phoenix, AZ 85035
PHOENIX, AZ – March, 2006 — Transwestern has arranged the sale of Desert Terrace Apartments, a 160-unit multifamily complex in Phoenix, for $14.4 million. Bobby Bull, Managing Director of Transwestern multifamily investment sales team in the West region, represented the seller, Robert Walker of Walker Family Trust, in the transaction. Located at 6515 West McDowell Road, Desert Terrace Apartments is comprised of 14 buildings and totals 133,624 square feet. The buyer, Brandon Caffrey of Caffrey Development, LLC, intends to convert the apartment buildings into condominiums. |  | PARK PLACE APARTMENTS
802 East Missouri Avenue, Phoenix, AZ 85014
PHOENIX, AZ – February 2006 — Transwestern has arranged the sale of Park Place Apartments, a 120-unit multifamily complex in Phoenix, for $6.6 million. Bobby Bull, Managing Director of Transwestern multifamily investment sales team in the West region, represented the seller, Michael Richardson, in the transaction. Located at 802 East Missouri Avenue, Park Place Apartments occupies 4.8 acres and is comprised of ten buildings totaling 120 units and 99,035 square feet. Represented by Michael A. Lieb Ltd., the buyer, Zacher Homes, intends to convert the apartment buildings into 2,000 to 3,000 square foot townhomes. |  | SHADOW BEND
2938 North 61st Place, Scottsdale, AZ 85018
PHOENIX, AZ – June 2005 — Transwestern Commercial Services has arranged the sale of Shadow Bend, a 108-unit multifamily complex in Scottsdale, for $6.1 million. Bobby Bull, vice president of Transwestern Commercial Services multifamily investment sales team in the western region represent both the buyer and seller. The seller was Town Management. Located at 2938 North 61st Place, Shadow Bend is comprised of 8 buildings and totals 99,568 square feet. The buyer, Right Place Properties intends to convert the apartment buildings into condominiums.
|  | VILLA VALLEJO
1850 East Maryland Avenue, Phoenix, AZ 85016
PHOENIX, AZ – June 2005 — Transwestern Commercial Services has arranged the sale of Villa Vallejo, a 108-unit multifamily complex in Phoenix, for $5.25 million. Bobby Bull, vice president of Transwestern Commercial Services multifamily investment sales team in the western region represented both the buyer and seller. The seller was Villa Vallejo, LLC and Mr. Norman Roberts was the Managing Member. Located at 1850 East Maryland Avenue, Villa Vallejo is comprised of 18 buildings and totals 64,800 square feet. G.M. Realty intends to convert the apartment buildings into condominiums.
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