Blockbuster retail sale tops 10 biggest real estate deals in April Article originally posted on AZ Big Media on May 1, 2025 The sale of a shopping complex in Mesa led the biggest commercial real estate deals in April. Here are the 10 biggest deals in Metro Phoenix commercial real estate from April of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. 1. Superstition Gateway East & West Sale price: $121,000,000 Location: 1614-1959 S. Signal Butte Rd. and 10720-10746 E. Baseline Rd., Mesa Description: 489,434-square-foot retail power center Buyer: Alvarez & Marsal Capital Real Estate Seller: Desert Troon Companies Broker: Lee & Associates 2. Soltra Kierland Apartments Sale price: $107,500,000 Location: 7111 E. Tierra Buena Lane, Scottsdale Description: 202-unit apartment complex Buyers: Mohsin Ilyas and Ahmed Azizi Seller: Leon Capital Group 3. Sight Logistics Park Sale price: $103,050,000 Location: 6840 and 6860 S. Harl Ave., Tempe Description: 357,103-square-foot industrial flex Buyer: CBRE Investment Management Seller: ViaWest Group Broker: JLL 4. Bella Encanta Price: $95,750,000 Location: 9745 E. Hampton Ave., Mesa Size: 212-unit build-to-rent community Buyer: JP Morgan Seller: Bela Flor Communities 5. Broadstone Uptown Apartments Price: $87,000,000 Location: 502 W/ Camelback Rd., Phoenix Size: 280-unit apartment complex Buyer: ReNUE Properties Seller: Alliance Residential 6. The Place at Santana Village Sale price: $48,000,000 Location: 7606 W. Peoria Ave., Peoria Description: 224-unit apartment complex Buyer: MC Companies Seller: MC Companies 7. Sanctuary at South Mountain b $48,000,000 Location: 6250 S. 40th St., Phoenix Description: 166-unit build-to-rent community Buyers: Raith Capital Partners and Tower 16 Capital Partners Seller: The Carlyle Group Broker: Berkadia Real Estate Advisors 8. BB Living at Cavasson (proposed) Sale price: $44,000,000 Location: 7701 E. Legacy Blvd., Scottsdale Description: 18 acres Buyer: BB Living Residential Seller: Grayhawk Development Broker: Nathan & Associates 9. Scannell Warner Gateway 202 Industrial Park – Building 4 Sale price: $42,309,359 Location: 4712 S. Ellsworth Rd., Mesa Description: 150,922-square-foot industrial Buyer: Super Radiator Coils Seller: Scannell Properties 10. Azul Apartments (formerly known as Mission Shadows) Sale price: $37,100,000 Location: 8111 N. 19th Ave., Phoenix Description: 227-unit apartment complex Buyer: Robert La France Seller: Sheiner Group