There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch.
In every issue, AZRE publishes the top five notable sales and leases that have occurred one month out from publication based on research compiled by DTZ and Colliers International with CoStar.
1. Trillium Deer Valley, Phoenix
646,830 SF; 634 units; $91.2M
Buyer: Starlight Investments Ltd.
Seller: Trillium Residential
Listing BrokerS: Sean Cunningham, Tyler Anderson, Asher Gunter and Matt Pesch, CBRE
2. Ascent at Papago Park, Phoenix
308,938 SF; 270 units; $36.22M
Buyer: MC Properties Group
Seller: Trillium Residential
Listing Brokerage: CBRE
3. The Springs at Gilbert Meadows, Gilbert
322,519 SF; 459 units; $36M
Buyer: Resources Real Estate Opportunity REIT, Inc.
Seller: Bank of American Corporation
Listing Brokerage: Berkadia
4. Midtown on Main, Mesa
391,178 SF; 472 units; $34.95M
Buyer: Domain Communities
Seller: Residential Equity Partners
Listing Brokerage: Colliers International
5. The Boulevard, Phoenix
282,712 SF; 294 units; $33.5M
Buyer: P.B. Bell & Associates, Inc.
Seller: Slavin Residential
Listing Brokerage: CBRE
