Here are the 5 biggest commercial real estate deals from May

 Here are the 5 biggest commercial real estate deals from May

The Arizona commercial real estate industry is red-got right now, ranking among the best markets for multifamily sales in the nation. Those rankings are backed up by the biggest commercial real estate deals in Metro Phoenix, according to data collected by the commercial real estate tracking website Vizzda. Here are the five biggest commercial real estate deals in the multifamily, industrial, office, and retail sectors that closed in May.


READ ALSO: Here are the 10 biggest land deals from May


Multifamily

 

1. The Retreat Apartments: $131,000,000

Location: 20808 N. 27th Ave., Phoenix

Buyer: MG Properties

Seller: LivCor

Brokers: CBRE, Institutional Property Advisors

2. Escape at Arrowhead Apartments: $103,750,000

Location: 7951 W. Beardsley Rd., Peoria

Buyer: Escape Two LLC

Seller: Embrey Development

3. Portrait at Hance Park: $99,500,000

Location: 1313 N. 2nd St., Phoenix

Buyer: Knightvest Capital

Seller: Transwestern

4….

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