5 biggest commercial real estate deals from May Article originally posted on AZ Big Media on June 2, 2026 1. University of Phoenix – Riverpoint Center Sale price: $103,000,000 Address: 4025, 4035, 4045, 4050 and 4055 S. Riverpoint Pkwy., Phoenix Property description: 628,192 square feet of office tower — one 10-story and two 6-story towers Buyer: LXP Industrial Trust Seller: Epic UK Ltd/ Broker: Newmark 2. Longbow Luxury Apartments Sale price: $95,250,000 Address: 2950 N. Recker Rd., Mesa Property description: 339-unit apartment complex Buyer: Millburn and Company Seller: DR Horton 3. West Summit at Surprise – Building 1 Sale price: $63,887,560 Address: 13401 W. Sweetwater Ave., Surprise Property description: 453,960-square-foot distribution-intensive warehouse Buyer: US Merchants Seller: Mohr Capital 4. 3809 E. Watkins St., Phoenix Sale price: $44,150,000 Address: 3809 E. Watkins St., Phoenix Property description: 129,528square-foot industrial property Buyer: Belkorp Seller: Oxford Properties Group Broker: Cushman & Wakefield 5. 1,260 agricultural acres in Gila Bend Sale price: $38,943,172 Address: Gila Bend Property description: 1,260.27 acres of agricultural land Buyer: Arizona Public Service Company Sellers: Cheryl Banning & Robert L. Van Hofwegen