Scottsdale on Main, a 119-unit, luxury mid-rise multifamily asset in Scottsdale that sold for $66.1 million — or $555,462 per unit — was one of the five biggest commercial real estate deals in October. Here are the five biggest commercial real estate deals in Metro Phoenix from October of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine.
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1. Glendale land
Sale price: $118,115,902 ($740,538.57 per acre)
Address: NWC or North Litchfield Road and Northern Parkway, Glendale
Property description: 159.504 acres of agricultural land.
Buyer: Kenneth Davies
Seller: Woolf Leyton Farms
2. Echo Biltmore
Sale price: $71,300,000
Address: 1720 E. Camelback Rd., Phoenix
Property description: 216-unit apartment complex.
Buyer: Millburn and Company
Seller: Wood Partners
3. Axis Raintree
Sale price: $70,710,891
Address: 8605 E. Raintree Dr., Scottsdale
Property description: 179,360-square-foot office complex.
Buyer: Douglas Reagan Horton
Seller: Trammell Crow Company
Broker: JLL
4. Scottsdale on Main Apartments
Sale price: $66,100,000
Address: 6901 E. Main St., Scottsdale
Property description: 119-unit apartment complex.
Buyer: Goodman Real Estate
Seller: Baron Properties/Mountain West Industrial Properties
5. Café Valley Bakery
Sale price: $57,750,000
Address: 7000 W. Buckeye Rd., Phoenix
Property description:
Buyer: SENTRE Partners
Seller: Brookhollow
Broker: Cushman & Wakefield
