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

Comments are closed.