14 Metro Phoenix deals top $ 100 million, spearheading the summer’s biggest deals
Historically, when the conversation turns to summer blockbusters, it is referring to hit movies. But this season, the stars of the show were the blockbuster commercial property deals, which generated more heat than the Phoenix summer. According to the commercial property tracking website Vizzda, there have been at least 14 summer blockbuster deals that exceeded $ 100 million at Metro Phoenix.
Here are the greatest Commercial real estate offers of summer 2021 in Metro Phoenix. These are deals that were closed between June 21, 2021 and September 21, 2021.
ALSO READ: Here are 10 of the biggest land listings from May
1. Park 303 Phase I – $ 186,000,000
Type of property: Industry
Location: Glendale
Salesperson: LPC Desert West
Buyer: BentallGreenOak
2. Tradition at Kierland – $ 159,000,000
Type of property: Apartment building
Location: Scottsdale
Salesperson: Bascom group
Buyer: Erste Pointe Management Group / Ezralow Company
3. Legend at Kierland Apartments – $ 153.5 million
Type of property: Apartment building
Location: Phoenix
Salesperson: Bascom group
Buyer: Erste Pointe Management Group / Ezralow Company
4. The Scottsdale District – $ 150.5 million
Type of property: Apartment building
Location: Scottsdale
Salesperson: F&B Capital and Bluerock Real Estate
Buyer: Kohlberg Kravis Roberts & Co.
5. Strada Apartments – $ 136.1 million
Type of property: Apartment building
Location: Tempe
Salesperson: Black stone
Buyer: Knightvest Capital and LEM Capital
6. The Scottsdale Grand – $ 130,000,000
Type of property: Apartment building
Location: Scottsdale
Salesperson: Kaplan company
Buyer: Oxford properties
7. The Stewart Apartments – $ 125.5 million
Type of property: Apartment building
Location: Phoenix
Salesperson: Aspirant development
Buyer: New York Life Investment Management
(Tie) 8. Former Chrysler Proving Grounds – $ 125,000,000
Type of property: 5,458 hectares of land
Location: Wittmann
Salesperson: iStar
Buyer: A Delaware based entity owned by. is managed Greenberg Sorry
(Tie) 8. ParcLand Crossing – $ 125,000,000
Type of property: Apartment building
Location: chandler
Salesperson: Private portfolio group
Buyer: Sunroad company
10th Arrowhead Summit – $ 123.6 million
Type of property: Apartment building
Location: Glendale
Salesperson: Cortland
Buyer: Black stone
11. Eastmark Land – $ 123,184,182.71
Type of property: 388.95 hectares of land
Location: Mesa
Salesperson: DMB Associates and Brookfield Residential
Buyer: A company managed by Quarles & Brady
12th Broadstone Grand – $ 106.5 million
Type of property: Apartment building
Location: Tempe
Salesperson: Alliance Residential Co. and Appian Capital
Buyer: Decron properties
13. Sky Ancala Apartments – $ 104.5 million
Type of property: Apartment building
Location: Scottsdale
Salesperson: The Ergas Group
Buyer: Benedict Canyon shares
14. Lincoln Fulfillment Center 40 – $ 103,214,650
Type of property: Industry
Location: Good year
Salesperson: Nike
Buyer: American real estate advisor
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