Here are the 10 biggest deals in Metro Phoenix commercial real estate from January of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine.

1. Town Deer Valley Apartments

Price: $131,100,000

Sector: Multifamily

Location: 24100 N. 19th Ave., Phoenix

Size: 388-unit apartment complex

Buyer: Goodman Real Estate

Seller: Rockpoint

2. IMT Desert Ridge Apartments

Price: $126,000,000

Sector: Multifamily

Location: 21155 N. 56th St., Phoenix

Size: 370-unit apartment complex

Buyer: IMT Residential / IMT Capital

Seller: CWS Capital Partners

3. Courtyard Hotel and Sheraton Mesa Hotel

Price: $50,250,000

Sector: Hospitality

Location: 2224 W. Rio Salado Pkwy. and 860 N. Riverview St., Mesa

Size: 129-unit and 180-unit hotels

Buyer: HSL Properties

Seller: Power Hotel Group

Broker: Cushman & Wakefiel

4. Vistar – Phoenix (Dobbins Industrial Tech Park – Building 5)

Price: $32,246,430

Sector: Industrial

Location: 9850 S. 65th Ave., Laveen

Size: 131,500 SF industrial property

Buyer: Eaton Vance

Seller: Scannell Properties

5. Mountainview Marketplace

Price: $22,000,000

Sector: Retail

Location: 3131 E. Thunderbird Rd., Phoenix

Size: 128,046 SF neighborhood shopping center

Buyer: Bright Light Ventures

Seller: United Growth

6. Surprise Foothills Phase 1 & Phase 1B (Proposed)

Price: $20,524,420

Sector: Land

Location: NWC 219th Avenue and Sun Valley Parkway, Surprise

Size: 309 acres

Buyer: DW Partners / Domain Real Estate Partners

Seller: Elliott D Pollack & Company

Broker: Nathan & Associates

7. Skyway Commons – Building D

Price: $20,500,000

Sector: Industrial

Location: 11701 N. 132nd Ave., Surprise

Size: 135,896 SF industrial

Buyer: Capital Bay Partners

Seller: Performance Capital Partners

8. Boulder Creek Apartments

Price: $20,100,000

Sector: Multifamily

Location: 915 N. 52nd St., Phoenix

Size: 148-unit apartment complex

Buyer: MC Companies

Seller: Pinnacle Holdings

Brokers: ABI Multifamily, Avison Young

9. 19th Avenue and Northern Shopping Center

Price: $17,000,000

Sector: Retail

Location: 8072 N. 19th Ave., Phoenix

Size: 97,964 SF shopping center.

Buyer: Tarantino Properties

Seller: Town West Realty

10. Deserama Mobile Home Community

Price: $16,250,000

Sector: Mobile home park

Location: 2434 E. Main St., Mesa

Size: 134-unit age-restricted mobile home park

Buyer: Bridge Investment Group

Seller: Wayne M. Comfort

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