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Top 10 June Real Estate Transactions
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Ten Largest Commercial Real Estate Deals from June

Topping the list of largest commercial real estate transactions in June was the high-profile sale of the JW Marriott Desert Ridge Resort. According to data compiled by leading commercial real estate tracking platform, Vizzda, and AZRE magazine, this marquee deal led a month of significant activity in the commercial property market. Here’s a look at the ten largest commercial real estate transactions across Metro Phoenix in June 2025.

AZRE via AZ Big Media:

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

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Published On: July 3, 2025Categories: Economic Development, Real EstateTags: , ,

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