14 Deals Top $100M to Lead Biggest Metro Phoenix Deals of Summer Article originally posted on AZ Big Media on September 22, 2021 Historically, when the conversation centers around summer blockbusters, it’s in reference to hit movies. But this season, the stars of the show have been the blockbuster Investment real estate deals that created more heat than the Phoenix summer. According to the Investment real estate tracking website Vizzda, there were at least 14 summer blockbuster deals that surpassed $100 million in Metro Phoenix. Here are the biggest commercial real estate deals of summer 2021 in Metro Phoenix. These are deals that closed between June 21, 2021, and Sept. 21, 2021. 1. Park 303 Phase I — $186,000,000 Type of property: Industrial Location: Glendale Seller: LPC Desert West Buyer: BentallGreenOak 2. Tradition at Kierland — $159,000,000 Type of property: Multifamily Location: Scottsdale Seller: Bascom Group Buyer: First Pointe Management Group/Ezralow Company 3. Legend at Kierland Apartments — $153,500,000 Type of property: Multifamily Location: Phoenix Seller: Bascom Group Buyer: First Pointe Management Group/Ezralow Company 4. The District at Scottsdale — $150,500,000 Type of property: Multifamily Location: Scottsdale Seller: F & B Capital and Bluerock Real Estate Buyer: Kohlberg Kravis Roberts & Co. 5. Strada Apartments — $136,100,000 Type of property: Multifamily Location: Tempe Seller: Blackstone Buyer: Knightvest Capital and LEM Capital 6. The Scottsdale Grand — $130,000,000 Type of property: Multifamily Location: Scottsdale Seller: Kaplan Companies Buyer: Oxford Properties 7. The Stewart Apartments — $125,500,000 Type of property: Multifamily Location: Phoenix Seller: Aspirant Development Buyer: New York Life Investment Management (tie) 8. Former Chrysler Proving Grounds — $125,000,000 Type of property: 5,458 acres of land Location: Wittmann Seller: iStar Buyer: A Delaware-based entity managed by Greenberg Traurig (tie) 8. ParcLand Crossing — $125,000,000 Type of property: Multifamily Location: Chandler Seller: Private Portfolio Group Buyer: Sunroad Enterprises 10. Arrowhead Summit — $123,600,000 Type of property: Multifamily Location: Glendale Seller: Cortland Buyer: Blackstone 11. Eastmark land — $123,184,182.71 Type of property: 388.95 acres of land Location: Mesa Seller: DMB Associates and Brookfield Residential Buyer: An entity managed by Quarles & Brady 12. Broadstone Grand — $106,500,000 Type of property: Multifamily Location: Tempe Seller: Alliance Residential Co. and Appian Capital Buyer: Decron Properties 13. Sky Ancala Apartments — $104,500,000 Type of property: Multifamily Location: Scottsdale Seller: The Ergas Group Buyer: Benedict Canyon Equities 14. Lincoln Logistics Center 40 — $103,214,650 Type of property: Industrial Location: Goodyear Seller: Nike Buyer: American Realty Advisors