The 5 biggest commercial real estate deals in October

Article originally posted on AZ Big Media on November 4, 2025

Scottsdale on Main, a 119-unit, luxury mid-rise multifamily asset in Scottsdale that sold for $66.1 million — or $555,462 per unit — was one of the five biggest commercial real estate deals in October. Here are the five biggest commercial real estate deals in Metro Phoenix from October of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine.

1. Glendale land

Sale price: $118,115,902 ($740,538.57 per acre)

Address: NWC or North Litchfield Road and Northern Parkway, Glendale

Property description: 159.504 acres of agricultural land.

Buyer: Kenneth Davies

Seller: Woolf Leyton Farms

2. Echo Biltmore

Sale price: $71,300,000

Address: 1720 E. Camelback Rd., Phoenix

Property description: 216-unit apartment complex.

Buyer: Millburn and Company

Seller: Wood Partners

3. Axis Raintree

Sale price: $70,710,891

Address: 8605 E. Raintree Dr., Scottsdale

Property description: 179,360-square-foot office complex.

Buyer: Douglas Reagan Horton

Seller: Trammell Crow Company

Broker: JLL

4. Scottsdale on Main Apartments

Sale price: $66,100,000

Address: 6901 E. Main St., Scottsdale

Property description: 119-unit apartment complex.

Buyer: Goodman Real Estate

Seller: Baron Properties/Mountain West Industrial Properties

5. Café Valley Bakery

Sale price: $57,750,000

Address: 7000 W. Buckeye Rd., Phoenix

Property description:

Buyer: SENTRE Partners

Seller: Brookhollow

Broker: Cushman & Wakefield