February saw some big deals, especially in the multifamily market and AZRE compiled this list of the Top 10 commercial real estate deals by price, according to data from Cushman & Wakefield Research. 

1. Optima Sonoran Village 

Optima, Inc., the developer and one of the original owners of the 592-apartment home Optima Sonoran Village, acquired the luxury apartment community through a new partnership with Des Moines, Iowa-based Principal Real Estate Investors for $200 million in February.

6895 E. Camelback Rd., Scottsdale

900,347 SF; $200,000,000

Buyer: Principle Real Estate Investors

Seller: Optima, Inc

Brokerage: N/A

Sector: Multifamily

2. Red Mountain Villas

815 N. 52nd St., Phoenix

592,374 SF; $110,000,000

Buyer: Knightvest Capital

Seller: Weidner Property Management

Brokerage: Marcus & Millichap

Sector: Multifamily

3. Broadstone Fashion Center

555 S. Galleria Way, Chandler

298,820 SF; $84,000,000

Buyer: Starlight Investments

Seller: Alliance Residential Company

Brokerage: N/A

Sector: Multifamily

4. Central Arts Plaza

1850 N. Central Ave., Phoenix

485,687 SF; $80,700,000

Buyer: D.L. Long Properties

Seller: Morgan Stanley & Co

Brokerage: CBRE

Sector: Office

5. Vela at Town Lake

555 N. College Ave., Tempe

254,354 SF; $73,000,000

Buyer: Pacific Development Partners

Seller: Transwestern

Brokerage: CBRE

Sector: Multifamily

6. Carlyle at South Mountain

5151 E. Guadalupe Rd., Phoenix

569,876 SF; $58,850,000

Buyer: Western Wealth Capital

Seller: FPA Multifamily

Brokerage: Cushman & Wakefield

Sector: Multifamily

7. Aldea at Estrella Falls

2400 N. Bullard Ave., Goodyear

328,244 SF; $53,136,000

Buyer: N/A

Seller: N/A

Brokerage: CBRE

Sector: Multifamily

8. Sky at P83

14300 N. 83rd Ave., Peoria

270,404 SF; $46,750,000

Buyer: CVG Properties

Seller: N/A

Brokerage: CBRE

Sector: Multifamily

9. San Palmas

1111 N. Mission Park Blvd., Chandler

241,432 SF; $43,200,000

Buyer: Continental Realty Advisors

Seller: N/A

Brokerage: N/A

Sector: Multifamily

10. El Dorado Tech Center

El Dorado Tech

2299 W. Obispo Ave., Gilbert

180,480 SF; $39,000,000

Buyer: El Dorado Operating Company LLC

Seller: Walton Street Capital, LLC

Brokerage: Newmark Knight Frank

Sector: Office