I
n Metro Phoenix, four mega-multifamily deals between LaSalle Investment Management and Clarius Partners dominated the commercial real estate market in July 2025. According to data from Vizzda and AZRE magazine, these deals were among the top five largest transactions of the year.
The four deals involved:
1. PUMA @ 303 Crossroads: A $140 million Class A mega warehouse purchased by LaSalle Investment Management from Clarius Partners.
2. The Laurel Apartments: A $120 million apartment complex in Chandler sold to Fairfield Residential from Sunroad Enterprises.
3. Lazo Apartment Homes: A $100 million apartment complex in Chandler acquired by Fairfield Residential from Sunroad Enterprises.
4. Slate Scottsdale – Apartments: A $97 million apartment complex in Phoenix purchased by Fairfield Residential from Sunroad Enterprises.
Additionally, several other notable deals took place in the Metro Phoenix area, including:
1. Husley Scottsdale: A $76 million apartment complex in Scottsdale sold to Pillar Communities from Trammell Crow Company.
2. Cardinal 95 Apartments: A $62.75 million apartment complex in Glendale purchased by Jeffrey A. Troesh from Edward R. Bailey.
3. Zone Luxe: A $62.55 million apartment complex in Glendale acquired by Fairfield Residential from Sunroad Enterprises.
4. Mason Oliver Apartments: A $62.3 million apartment complex in Phoenix sold to ColRich from Knightvest Capital.
5. American Groves Senior Living: An $44.5 million senior care facility in Gilbert purchased by Principal Financial Group (Principal Asset Management) from American Groves Senior Living and American Care Concepts.
