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Top 5 September Real Estate Transactions
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Photo provided by Metro Phoenix Alliance.

Five Largest Commercial Real Estate Deals from Sept 2026

An immense Albertson’s distribution center in the West Valley and an apartment complex in the East Valley led the biggest commercial real estate deals from September 2026 in Metro Phoenix. Data from commercial real estate tracking website Vizzda and AZRE magazine identified the month’s five biggest transactions across our region.

AZRE via AZ Big Media:

1. 400 S. 99th Ave. — Alberston’s Distribution Center

Sale price: $85,273,973
Location: 400 S. 99th Ave., Tolleson
Property description: 881,513-square-foot distribution warehouse
Buyer: Blue Owl Capital
Seller: BrightSpire Capital
Lenders: Wilmington Trust, KeyBank Real Estate Capital, Deutsche Bank

2. Cadia Crossing Apartments

Sale price: $80,000,000
Location: 230 E. Civic Center Dr., Gilbert
Property description: 256-unit, three-story apartment complex
Buyer: Walter O. Grodahl
Seller: Blackstone

3. The Ventura Apartments

Sale price: $71,000,000.
Location: 3600 W. Ray Rd., Chandler
Property description: 272-unit apartment complex
Buyer: Prime Group
Seller: Starlight Investments/Starlight Capital

4. Halo Vista automall parcel

Sale price: $67,376,129
Location: Southwest corner of I-17 and Carefree Highway, Phoenix
Property description: 130.47 gross acres of commercial land
Buyer: De Rito Partners
Seller: Mack Real Estate Group

5. Harish Estates

Sale price: $60,139,765
Location: Northeast corner of 117th Avenie and West Williams Drive, Sun City
Property description: 132.24 acres of vacant land
Buyer: Lennar Homes
Seller: Rohit K. Tripathi
Broker: Nathan & Associates

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Published On: October 5, 2026Categories: Business, Economic Development, Real EstateTags: , , , , ,

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