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. 44 Monroe, Phoenix
249,504 SF; 184 units; $50.65M
Buyer: HSL Properties, Inc.
Seller: Winthrop Realty Trust
Listing Brokers: Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch, CBRE
2. Stone Canyon, Mesa
358,168 SF; 392 units; $47M
Buyer: ORR 1 Mesa LLC
Seller: SCI Real Estate Investments
Listing Brokerage: CBRE
3. Pillar at Rock Canyon, Peoria
249,504 SF; 184 units; $36.2M
Buyer: The Ergas Group
Seller: Private Portfolio Group, LLC
Listing Brokerage: CBRE
4. Cabana on Thomas, Phoenix
249,504 SF; 184 units; $24.35M
Buyer: Abacus Capital Group LLC
Seller: Deco Communities
Listing Brokerage: Deco Communities
5. Green Leaf at Dana Park, Mesa
231,910 SF; 222 units $22.1M
Buyer: Green Leaf Capital Partners
Seller: Virtu Investments
Listing Brokerage: Marcus & Millichap