It’s the big deals and the brokers who close them that make the market an interesting one to watch. Here are the Top 10 commercial real estate deals by price for the month of March, according to data from Cushman & Wakefield Research.
Ten 01 on the Lake
1001 E. Playa del Norte Dr., Tempe
601,858 SF; $115,000,000
Buyer: PGIM, Inc
Seller: The Picerne Group, Inc
Brokerage: CBRE
Sector: Multifamily
56 North Apartment Residences
21021 N. 56th St., Phoenix
330,000 SF; $77,000,000
Buyer: PrivatePortfolio Group LLC
Seller: Greystar Real Estate Partners
Brokerage: N/A
Sector: Multifamily
Tuscany Ridge
8203 W. Oraibi Dr., Peoria
482,572 SF; $53,760,000
Buyer: R&V Management Corporation
Seller: N/A
Brokerage: CBRE
Sector: Multifamily
Camelback Rd. & N. 91stAve., Glendale
16,681,302 SF; $35,832,000
Buyer: StoneHaven Residential JV LLC
Seller: John F Long Family Revocable Living Trust
Brokerage: N/A
Sector: Land
Palmilla Center
1533-1579 N. Dysart Rd., Avondale
84,137 SF; $18,887,931
Buyer: Brixton Capital AC LLC
Seller: Weingarten Realty Investors
Brokerage: HFF
Sector: Retail
Safeway
4750 E. Indian School Rd., Phoenix
57,618 SF; $18,300,000
Buyer: N/A
Seller: Fortress Investment Group LLC
Brokerage: Marcus & Millichap
Sector: Retail
Southwest corner of MC 85 and SR 85, Buckeye
30,099,960 SF; $14,767,085
Buyer: Ambian Dairy LLC
Seller: N/A
Brokerage: Western Land Company
Sector: Land
7102 W. Roosevelt St., Phoenix
153,600 SF; $11,025,000
Buyer: Forms + Surface, Inc
Seller: FR Park Plaza LLC
Brokerage: Cushman & Wakefield
Sector: Industrial
745 Grand Ave., Phoenix
36,000 SF; $8,730,000
Buyer: Retail Realty Fund
Seller: SimonCRE Chisum LLC
Brokerage: N/A
Sector: Retail
Stellar Airpark
4013 W. Lindbergh Way, Chandler
55,090 SF; $5,400,00
Buyer: Pride Group LLC
Seller: Turbo Resources
Sector: Cushman & Wakefield