5 biggest commercial real estate deals in January Article originally posted on AZ Big Media on February 4, 2026 5 biggest commercial real estate deals in January Identifying the biggest commercial real estate deals in Metro Phoenix beginning in January 2026 provides a real-time snapshot of where capital, confidence and growth are converging. These transactions signal which sectors are expanding, how investors are pricing risk and opportunity, and where infrastructure, jobs and population growth are headed. Tracking major deals helps developers, lenders, brokers and policymakers understand market momentum, anticipate demand and benchmark performance. In a fast-growing region like Metro Phoenix, these deals don’t just reflect the market — they actively shape its economic trajectory for years to come. 1. Broadstone Fashion Center Apartments Sale price: $109,000,000 Address: 555 S. Galleria Way, Chandler Property description: 335-unit apartment complex Buyer: Stockdale Capital Partners Seller: Nuveen, a TIAA Company 2. Commerce@303 (Alsup 303 Industrial Park) Sale price: $104,550,000 Address: 5215 N. Alsup Rd. and 15600 W. Camelback Rd., Glendale Property description: 663,367-square-foot mega warehouse Buyer: Exeter Property Group Seller: New York Life Insurance Broker: Cushman & Wakefield 3. Biltmore at Camelback Apartments Sale price: $97,350,000 Address: 2625 E. Camelback Rd., Phoenix Property description: 270-unit multifamily property Buyer: Principal Financial Group Seller: Heitman 4. Virgin Industrial Park – Building A Sale price: $90,579,360 Address: 15784 W. Hatcher Rd., Waddell Property description: 566,121-square-foot mega warehouse Buyer: ERMCO Seller: Invesco Broker: Cushman & Wakefield 5. Surprise Pointe Commerce Center Sale price: $70,035,000 Address: 13290 W. Sweetwater Ave., Surprise Property description: 418,400-square-foot industrial property Buyer: US Immigration and Customs Enforcement Agency (ICE) Seller: Rockefeller Group Development