G
oodman Real Estate (GRE), a Seattle‑based investment firm, has purchased the 119‑unit Scottsdale on Main complex, a high‑end apartment community on Main Street in Downtown Scottsdale. The deal highlights the steep entry barriers in the coveted Old Town Scottsdale market and confirms GRE’s focus on premium multifamily assets in high‑growth regions.
The acquisition is a deliberate push into Arizona’s dynamic real‑estate scene. GRE’s portfolio already features well‑located, quality multifamily properties, and adding Scottsdale on Main signals its commitment to investing where demand is strongest.
Located in the heart of Main Street, the property offers resort‑style amenities that capture the essence of Scottsdale living. Highlights include a spacious outdoor kitchen and lounge for entertaining, a state‑of‑the‑art fitness center, a year‑round pool, and plans for a luxurious sauna and spa in upcoming renovations. These upgrades will further elevate the resident experience and reinforce GRE’s reputation for operational excellence.
“Scottsdale on Main aligns perfectly with our vision—prime location, rich amenities, and tremendous upside,” said Kelli Jo Norris, President of Goodman Real Estate. “We’re proud to bring the Goodman standard of excellence to this vibrant community.”
The transaction also illustrates the resilience of the luxury multifamily market in Scottsdale, which continues to attract discerning tenants and savvy investors alike. GRE’s hands‑on management approach and focus on value‑add improvements ensure that the community remains a top‑tier living option.
John Goodman, Founder of GRE, added, “This property is a significant milestone in our expanding Arizona portfolio. We look forward to exploring further strategic opportunities in the region and strengthening our role in this thriving community.”
By adding Scottsdale on Main, GRE bolsters its Southwest presence and aligns with its long‑term strategy of acquiring premier assets in key metropolitan markets. The firm’s expertise in property management and capital improvement will keep the community delivering exceptional living standards.
The sale also highlights the strength of the Greater Phoenix housing market, reinforcing its position for sustained growth. As the area attracts forward‑thinking investors, GRE remains committed to supporting local communities and fostering continued development.
