Here are the five biggest commercial real estate deals in Metro Phoenix from May of 2026, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. 

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1. University of Phoenix – Riverpoint Center

Sale price: $103,000,000

Address: 4025, 4035, 4045, 4050 and 4055 S. Riverpoint Pkwy., Phoenix

Property description: 628,192 square feet of office tower — one 10-story and two 6-story towers

Buyer: LXP Industrial Trust

Seller: Epic UK Ltd/

Broker: Newmark

2. Longbow Luxury Apartments

Sale price: $95,250,000

Address: 2950 N. Recker Rd., Mesa

Property description: 339-unit apartment complex

Buyer: Millburn and Company

Seller: DR Horton

3. West Summit at Surprise – Building 1

Sale price: $63,887,560

Address: 13401 W. Sweetwater Ave., Surprise

Property description: 453,960-square-foot distribution-intensive warehouse

Buyer: US Merchants

Seller: Mohr Capital

4. 3809 E. Watkins St., Phoenix

Sale price: $44,150,000

Address: 3809 E. Watkins St., Phoenix

Property description: 129,528square-foot industrial property

Buyer: Belkorp

Seller: Oxford Properties Group

Broker: Cushman & Wakefield

5. 1,260 agricultural acres in Gila Bend

Sale price: $38,943,172

Address: Gila Bend

Property description: 1,260.27 acres of agricultural land

Buyer: Arizona Public Service Company

Sellers: Cheryl Banning & Robert L. Van Hofwegen