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. AMEX Campus, Phoenix
513,361 SF; $91.5M
Buyer: Griffin Capital Essential Asset REIT II, Inc.
Seller: Police & Fire Retirement System of Detroit
Listing Brokerage: Jim Fijan and Will Mast, CBRE
2. Biltmore Commerce Center, Phoenix
259,730 SF; $58M
Buyer: Lincoln Property Company
Seller: DPC Development Companies
Listing Brokerage: Cushman & Wakefield, Inc.
3. River Corporate Center, Tempe
133,225 SF; $24.6M
Buyer: Bruce Karsh
Seller: Piedmont Office Realty Trust, Inc.
Listing Brokerage: Cushman & Wakefield, Inc.
4. Four Gateway, Phoenix
138,240 SF; $22,927,000
Buyer: VanTrust Real Estate LLC
Seller: LBA Realty
Listing Brokerage: CBRE
5. AIG Insurance, Phoenix
106,397 SF; $16.85M
Buyer: Select Income REIT
Seller: Sabal Financial Group, LP
Listing Brokerage: CBRE
