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. El Pedregal, Scottsdale
62,310 SF; $47,431,846
Buyer: Columbia Sussex Corporation
Seller: Hilton Worldwide Holings, Inc.
Listing Brokerage: Hodges Ward Elliott, Inc.
2. Villages at Shea, Scottsdale
116,956 SF; $32.5M
Buyer: YAM Properties, LLC
Seller: Karlin Scottsdale Shea LLC
Listing Brokerage: DTZ
3. Sears, Chandler
141,032 SF; $26,938,488
Buyer: The Macerich Company
Seller: Sears Holding Corporation
4. Sears, Glendale
97,874 SF; $22,984,013
Buyer: The Macerich Company
Seller: Sears Holding Corporation
5. Marketplace at Lincoln & Scottsdale, Scottsdale
22,081 SF; $14M
Buyer: Hannay Realty Advisors
Seller: Covington Asset Management
Listing Brokerage: ORION Investment Real Estate
