The sale of one of the most iconic resorts in Arizona led the 10 biggest commercial real estate deals in June. Here are the 10 biggest deals in Metro Phoenix commercial real estate from June of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine.
1. JW Marriott Phoenix Desert Ridge Resort & Spa
Sale price: $865,000,000
Location: 5350 E. Marriott Drive, Phoenix
Description: 950 room (81 suites) luxury resort
Buyer: Ryman Hospitality Properties
Seller: Trinity Investments
2. Sarival Logistics Center – Building A
Sale price: $128,200,000
Location: 6390 N. Sarival Ave., Glendale
Description: 1,156,860 SF mega warehouse
Buyer: Exeter Property Group / EQT Exeter
Seller: WPT Capital
Broker: Cushman & Wakefield
3. Sundance Towne Center
Sale price: $101,203,806
Location: 700 S. Watson Rd., Buckeye
Description: Site consists of six fast food restaurants with drive-throughs, three discount stores, one bank, five retail buildings, two vacant developable sites and two restaurants.
Buyer: Continental Realty Corporation
Seller: Shin Yen Investments
4. Finisterra Apartments
Sale price: $96,000,000
Location: 1250 W. Grove Pkwy., Tempe
Description: 356-unit apartment complex
Buyer: Kennedy Wilson Multifamily
Seller: Blackstone
5. Bungalows at San Tan Village
Sale price: $66,100,000
Location: 2120 E. Ray Rd., Chandler
Description: 159-unit build-to-rent community
Buyer: AEW Capital Management
Seller: Cavan Companies
Broker: Berkadia Real Estate Advisors
6. Reflections at Red Mountain
Sale price: $52,000,000
Location: 2601 E. McKellips Rd., Mesa
Description: 256-unit multifamily community
Buyer: JP Morgan
Seller: Joseph P. Gillach
7. Scottsdale Centre
Sale price: $44,580,000
Location: 7373 N. Scottsdale Rd., Paradise Valley
Description: 162,771 SF Class A office complex
Buyer: Baseline Partners
Seller: MIG Real Estate
8. Blue Cactus Logistics
Sale price: $44,500,000
Location: 13400 W. Cactus Rd., Surprise
Description: 258,075 SF mega warehouse
Buyer: Hillwood Investment Properties
Seller: BlueScope Properties Group
Broker: JLL
9. GO | AZ Ave – 2377 S. Arizona Ave.
Sale price: $41,150,000
Location: 2377 S. Arizona Ave., Chandler
Description: 181,655 SF industrial flex building
Buyer: Applied Materials
Seller: GO Industrial
Broker: Cushman & Wakefield
10. Desert Cove Industrial Center
Sale price: $36,280,000
Location: 11301 N. Litchfield Rd., Surprise
Description: 168,000 SF industrial
Buyer: Cohen Asset Management
Seller: Evergreen Development Company
Broker: Cushman & Wakefield
