5 biggest Metro Phoenix commercial real estate deals from August Article originally posted on AZ Big Media on September 11, 2026 Two record-setting deals highlighted the biggest commercial real estate deals in Metro Phoenix from August of 2026. Here are the five biggest commercial real estate deals in Metro Phoenix from August of 2026, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. 1. Park 303 Phase 2 – Buildings A and B Sale price: $170,250,000 Location: 16400 and 16500 N. Glendale Ave., Litchfield Park Property description: 1,113,135-square-foot industrial property Buyer: Nuveen Real Estate Seller: Lincoln Property Company Broker: Cushman & Wakefield 2. Camelback Esplanade III Sale price: $86,000,000 Location: 2415 E. Camelback Rd., Phoenix Property description: 221,836-rentable-square-foot, Class-A office property Buyer: Southwest Value Partners Seller: C-III Capital Partners Lender: Western Alliance Bank 3. Ascend at Black Canyon Sale price: $58,700,000 Location: 28201 N. Black Canyon Hwy., Phoenix Property description: 260-unit apartment complex Buyer: Millburn and Company Seller: DR Horton Lender: Berkadia 4. Gilbert Spectrum Building 3 Sale price: $56,128,000 Location: 1655 W. Elliot Rd., Gilbert Property description: 115,212-square-foot industrial property Buyer: Syndicated Equities Seller: SunCap Property Group 5. Tolleson Logistics Center Sale price: $47,800,000 Location: 670 S. 91st Ave., Tolleson Property description: 417,600-square-foot distribution warehouse Buyer: INDUS Realty Trust Seller: Nearon Enterprises