It’s the big deals and the brokers who close them that make the market an interesting one to watch. Here are the Top 5 notable sales for the months of February and March. Sources: Cushman & Wakefield and Costar.
INDUSTRIAL SALES
OFFICE SALES
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NORTHWEST BUSINESS CENTER 9014-9034 N. 23rd Ave., 9013 N. 24th Ave. & 2310-2440 W. Mission Ln., Phoenix 226,645 SF; $17.2M BUYER: BKM Capital Partners SELLER: TA Associates BROKERAGE: Cushman & Wakefield THE PAPAGO 4405 W. Roosevelt Rd., Phoenix 187,611 SF; $11.96M BUYER: MS International SELLER: Annaly Commercial Real Estate Group BROKERAGE: Colliers International RIVERPOINT - BUILDING 4 4150 S. Riverpoint Pkwy., Phoenix 132,880 SF; $8.35M BUYER: West Second Street Associates SELLER: LNR Partners BROKERAGE: Newmark Grubb Knight Frank 2021 E. JONES AVE., PHOENIX 94,885 SF; $7,068,932 BUYER: Bullfrog SELLER: Cohen Asset Management BROKERAGE: Lee & Associates PAPAGO WEST 1120 N. 47th Ave., Phoenix 104,042 SF; $6.15M BUYER: Exeter Property Group SELLER: Phoenix Holdings BROKERAGE: REMAX
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THE GALLERIA CORPORATE CENTRE 4301 & 4343 N. Scottsdale Rd., Scottsdale 538,074 SF; $142.5M BUYER: Stockdale Capital Partners SELLER: Oaktree Capital Management CBIZ PLAZA 3101-3111 N. Central Ave., Phoenix 282,693 SF; $26M BUYER: 3101 N. Central LLC SELLER: LNR Partners BROKERAGE: Cushman & Wakefield 2777 E. CAMELBACK RD., PHOENIX 104,531 SF; $24.56M BUYER: Lincoln Property Company SELLER: DRA Advisors BROKERAGE: Cushman & Wakefield US AIRWAYS CENTER 111 W. Rio Salado Pkwy., Tempe 225,000 SF; $19,617,885 BUYER: Cousins Properties Incorporated SELLER: American Airlines Group TALAVI TECH CENTER 5551 W. Talavi Blvd., Glendale 185,000 SF; $17.245M BUYER: Alaska USA Federal Credit Union SELLER: West Coast Capital Partners BROKERAGE: CBRE
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