Tempe, Arizona
Tempe's assessment roll names the owner of every parcel and the sworn price of most deeds, free in bulk — and shows a city where Arizona State University and the City itself hold the most valuable ground, and where the City holds title to downtown towers under GPLET leases.
9 buildings · 9 with an owner established · 19 sources · 3 tier B · 6 tier A · prepared 2026-10-14
Can you find out who owns it?
Arizona has no state title register; ownership is a county record. The Maricopa County Assessor names the owner of record, mailing address, deed and value of every parcel in Tempe and publishes the whole roll free as downloadable files (the 'Secured Master', updated twice a month). Arizona is a full-disclosure state: every deed must carry an affidavit of value stating the price paid, and the Assessor publishes those affidavits — buyer, seller, address and price — except where a deed is exempt, such as a quitclaim for no consideration or a transfer to which a city is a party. Deeds are recorded by the County Recorder for $30 per instrument.
Is ownership public?An open dataset names the owner
Cost of one title searchOwner of record and sale price free (Assessor data downloads); recording $30 per instrument, copies $1 per page plus $3 to certify (A.R.S. 11-475)
Bulk ownership dataMaricopa County Assessor Data Downloads — Secured Master (owner, situs, deed, values; ~109 MB zipped, file dated 2 Oct 2026) and Sales Affidavits (weekly, file dated 5 Oct 2026), free without registration via the county's ArcGIS hub; no licence granted, and A.R.S. 39-121.03 governs commercial use
Sale pricesEvery sale, with its address
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Marina Heights (State Farm operations centre) 300–600 E Rio Salado Parkway, Tempe (Marina Heights Condominium) 2 million sq ft, five buildings on 20 acres (AZ Big Media); roll components up to 16 storeys, built 2015–2017 (Commercial Master) |
Office | Arizona Board of Regents (title); buildings held by Corporate Properties Trust III LP under a ground lease Every Marina Heights condominium unit is on the roll in the name Arizona Board of Regents for ASU — eight condominium parcels worth $699.2M of full cash value, deed of 4 Dec 2017 — so the private owner never appears. AZ Big Media (Dec 2017): 'Corporate Properties Trust III LP, a partnership between TIG and JDM Partners LLC, acquired Marina Heights' in a sale-leaseback with State Farm Auto Insurance Co. AZ Big Media (May 2018): 'Arizona State University, which owns the land there' collects ground rent, and a development agreement with the City gave a gradual property-tax abatement over 15 years. |
Government | $928,000,000 2017-12 Sale-leaseback from State Farm; price as reported by AZ Big Media (May 2018). No affidavit: the parcels stand in the Regents' name, so no price is on the county file. B |
| 100 Mill 100 S Mill Avenue, Tempe 288,000 sq ft rentable (Cousins 10-K); roll components 1,862,347 sq ft incl. parking, 18 storeys, built 2022 · 18 floors |
Office | City of Tempe (title); Cousins Properties holds a 90% interest in the building Cousins: 90%, consolidated Owner of record 'Tempe City of', special warranty deed of 8 Sep 2022, full cash value $193.0M — the highest-valued parcel in Tempe not held by ASU. City title over a privately built office tower is the GPLET pattern: the lessee pays an excise tax instead of property tax, and the roll shows only the City. Cousins Properties' 2025 10-K lists '100 Mill 288,000 Consolidated 90%', 98.1% leased, in its Phoenix office portfolio, and Schedule III carries it at $185.1M gross cost, acquired and built 2022. The other 10% holder is not named in the filing. |
Government | —A |
| Hayden Ferry Lakeside 40, 60 and 80 E Rio Salado Parkway, Tempe 792,000 sq ft rentable (Cousins 10-K) |
Office | Cousins Properties 100% The office towers stand on the roll in the names Cousins Fund II Phoenix I, II and III LLC, together $186.5M of full cash value; the garage at 74 E Rio Salado (PKY Fund II Phoenix V LLC, $12.7M affidavit of Aug 2012) adds $53.0M. Cousins' 2025 10-K: 'Hayden Ferry 792,000 Consolidated 100%', 95.4% leased; Hayden Ferry I (207,000 sq ft) has been under full redevelopment since Oct 2023, and the 10-K separately records that its tenant SVB Financial Group filed for reorganisation in March 2023. Schedule III gross cost $388.1M, acquired 2016. The condominium towers beside it (Bridgeview, Edgewater) are owned unit by unit, mostly by individuals, and are not named. |
REIT | —A |
| Tempe Marketplace 2000–2090 E Rio Salado Parkway and S McClintock Drive, Tempe 25 parcels, about 120 acres (roll) |
Retail | City of Tempe (title to 23 of 25 parcels); Vestar-CPT Tempe Marketplace LLC Of the 25 parcels platted as Tempe Marketplace, 23 stand in the name of the City of Tempe (deeds mostly of Jan 2008, $372M of full cash value) and two in Vestar-CPT Tempe Marketplace LLC ($44.7M), tax mailing Vestar's Camelback Road office. The City holding title to a private shopping centre is the GPLET structure; the roll shows the City as owner and the operator's interest only where it took a deed. The 2015 affidavit records the $358M transfer between two Vestar entities; the CPT partner behind the second is not named in any record opened here. |
Government | $357,994,805 2015-10 Sales affidavit, deed 2015-0718015: Vestar RW Tempe Marketplace LLC to Vestar-CPT Tempe Marketplace LLC. A |
| Arizona Mills 5000 S Arizona Mills Circle, Tempe 1,221,069 sq ft GLA (Simon 10-K); 85 acres (roll) · 1 floors |
Retail | Simon Property Group 100% (fee) Owner of record Arizona Mills Mall LLC, tax mailing Indianapolis; full cash value $210.4M, the highest-valued private retail parcel in Tempe. Simon's 2025 10-K: 'Arizona Mills AZ Tempe (Phoenix) Fee 100.0% Acquired 2007', 98.5% occupied, 1,221,069 sq ft; secured indebtedness $91,995,000 at 3.80% maturing 1 Sep 2026; Schedule III gross carrying amount $359.2M. Acquired with the Mills Corporation in 2007. |
REIT | —A |
| Mountain America Stadium and Mullett Arena (ASU athletics district) 201 S Packard Drive parcel (stadium 500 E Veterans Way; arena 411 S Packard Drive), Tempe 64.6-acre parcel; roll carries a 182,040 sq ft arena component built 2022 |
Institutional | Arizona Board of Regents 100% The single most valuable parcel in Tempe: 201 S Packard Dr, 64.6 acres, Arizona Board of Regents for ASU, full cash value $692.0M, exempt. Its components include a 2022 arena of 182,040 sq ft, matching Mullett Arena (opened 12 Oct 2022, owner Arizona State University, home of the Arizona Coyotes 2022–24), and 1974–1997 stadium-era components. Wikipedia gives the stadium (renamed Mountain America Stadium in 2023; $304M renovation completed 2019) as ASU-owned at 500 E Veterans Way, an address the roll does not carry; that the stadium sits on this parcel is inferred from the component years, not stated. |
Government | —B |
| Novus Innovation Corridor E 6th Street, S Novus Place and E Alpha Drive, Tempe 19 parcels (roll) |
Mixed use | Arizona Board of Regents (title) Of the 19 parcels platted as the Novus Innovation Corridor and 'Novus Master Condominium 1', 18 stand in the name Arizona Board of Regents for ASU — $270.9M together, including an apartment building at 707 E 6th St ($78.4M, 2022) and buildings at 777 S 100th Pl and 701 E Alpha Dr (about $44M each). One parcel is held by Packard Hotel LLC (June 2026). Private developers build Novus on ASU ground leases, so the lessees — who own the buildings in substance — do not appear on the roll; no lease register was opened. |
Government | —A |
| Tempe Diablo Stadium 2200 W Alameda Drive, Tempe 39.0 acres (roll); 285,000 sq ft of components |
Civic | City of Tempe 100% Owner of record 'Tempe City of' since a 1958 deed, full cash value $135.7M. The Cactus League: the stadium 'originally opened in 1968 and underwent an extensive $20 million renovation in 2005', and 'The City of Tempe and the Angels have extended their agreement for another 20 years'. The Cactus League page gives no street address; the parcel identification rests on the roll. |
Government | —B |
| JPMorgan Chase Tempe campus 2116 E Elliot Road, Tempe 869,861 sq ft of components, up to 2 storeys, built 1975–1982 (Commercial Master); 56.8 acres |
Office | JPMorgan Chase Bank NA 100% Owner of record JPMorgan Chase Bank NA, tax mailing New York; full cash value $204.2M, the highest-valued privately held office parcel in Tempe. The bank also holds 100 W University Dr (694,877 sq ft, $51.1M). |
Public company | $108,000,000 2017-03 Sales affidavit, special warranty deed: Tempe Campus SPV LLC to JPMorgan Chase Bank NA. A |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Tempe's most valuable ground belongs to Arizona State University: the Regents hold the three highest-valued parcels in the city and $6.07B of full cash value, 11.5% of the whole roll, on under 5% of its land. The City of Tempe is second at $3.79B, much of it title to privately built towers and shopping held under GPLET leases. All figures are summed by this research from the Maricopa County Assessor's Secured Master (files dated 2 Oct 2026) and Sales Affidavits (5 Oct 2026), taking parcels whose tax-area code carries Tempe's city digits (16) — the code on 99.8% of parcels with a Tempe situs address.
Highest-valued parcel in the City of Tempe$691,954,525
Arizona Board of Regents for ASU, 201 S Packard Dr (64.6 acres; the athletics district incl. Mullett Arena), full cash value. Next: ABOR, 105 E University Dr, $522.9M (2.09M sq ft of campus buildings); ABOR, 711 E Lemon St, $245.9M. Highest private: Arizona Mills Mall LLC (Simon), $210.4M; JPMorgan Chase Bank NA, 2116 E Elliot Rd, $204.2M. Secured Master, Oct 2026.
Real property in the City of Tempe$52.67 billion
50,525 parcels, full cash value; limited property value (the capped taxable base) $29.85B; about 20,270 acres of parcelled land. Secured Master, Oct 2026.
Largest single sale on the affidavit file$357,994,805
Tempe Marketplace, Oct 2015, Vestar RW Tempe Marketplace LLC to Vestar-CPT Tempe Marketplace LLC. Next: 1000 E Apache Blvd (student housing), $163,000,000, Dec 2021, to 1000 E Apache Blvd Ground Owner LLC; 1831 E Apache Blvd, $160,000,000, Aug 2021. Eight of the ten largest Tempe sales are apartment buildings, most near the ASU campus. Sales Affidavits, Oct 2026.
Held by Arizona State University$6.07 billion
264 parcels, 979 acres, in the name Arizona Board of Regents for ASU — including the Marina Heights condominium ($699.2M) and Novus land ($270.9M) that private parties lease and build on. Secured Master, Oct 2026.
3
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Tempe is landlocked and almost fully built, and its biggest holders are public. Arizona State University (the Arizona Board of Regents) and the City of Tempe together hold $9.86B — 18.7% of the roll's value. Both hold title to land that private companies build on: the City under Government Property Lease Excise Tax (GPLET) leases, where the developer pays an excise tax in place of property tax and the roll names only the City; ASU under ground leases at Marina Heights and Novus. The Salt River Pima-Maricopa Indian Community borders Tempe to the north-east but holds no parcel inside its tax area — reservation trust land is not on the county roll. Acreages are the roll's land-area field summed by this research for tax-area code 16; streets, canals and the Town Lake basin that carry no parcel are not counted.
| Name | Type | Holdings |
|---|---|---|
| Arizona Board of Regents (Arizona State University) All in the name 'Arizona Board of Regents for ASU': the Tempe campus, the athletics district, ASU Research Park ($541.2M over 41 parcels), Marina Heights (eight condominium parcels, $699.2M) and the Novus Innovation Corridor ($270.9M). The Regents hold the three highest-valued parcels in Tempe. |
Government | 264 parcels, 979 acres, $6.07BA |
| City of Tempe In the names 'Tempe City of' and 'City of Tempe'. Beside parks, Diablo Stadium ($135.7M) and utilities, the City holds title to privately built property: 100 Mill ($193.0M, Cousins 90%), 23 of the 25 Tempe Marketplace parcels ($372.3M), a Pier 202 parcel at 1306 E Vista del Lago ($155.1M, Aug 2026 deed), the Watermark office parcels at 410/430 N Scottsdale Rd ($146.4M), at least seven parcels of the 2100 Rio Salado Business Park, the '999 Playa' parcels, and apartment buildings at 750 S Ash Ave and 707 S Farmer Ave. The lessees are not named on the roll. |
Government | 1,253 parcels, 2,267 acres, $3.79BA |
| Salt River Project Under several spellings of the Salt River Project Agricultural Improvement and Power District ('S R P A I & P D', 'SRPAI & PD'), including the district's headquarters campus parcels at 1033 W Roosevelt Way ($138.4M) and 1007 N Parkside Dr ($110.7M), and canal and substation land. |
Government | 99 parcels, 529 acres, $883.2MA |
| Tempe Elementary School District No. 3 Held under at least six spellings of the district's name. |
Government | 26 parcels, 159 acres, $281.5MA |
| Tempe Union High School District No. 213 Including the campuses at 6000 S Lakeshore Dr ($60.7M) and 1730 S Mill Ave ($50.4M). |
Government | 11 parcels, 150 acres, $196.6MA |
| Kyrene Elementary School District No. 28 South Tempe schools, under five spellings. Kyrene-named private LLCs on the roll are unrelated and excluded. |
Government | 8 parcels, about 73 acres, $131.5MA |
| Arizona Public Service Company Chiefly 124.7 acres at 1685 E Rio Salado Pkwy (1989 deed). |
Public company | 2 parcels, 127 acres, $109.7MA |
| Flood Control District of Maricopa County Basins and channels. Maricopa County itself holds 3 parcels ($3.7M); the Maricopa County Community College District 12 parcels, 48 acres, $95.0M; a regional school district one parcel ($8.9M). |
Government | 27 parcels, 96 acres, $104.2MA |
| Union Pacific Railroad Union Pacific Railroad Company and legacy Southern Pacific entities: rail corridor and yard land. |
Public company | 43 parcels, about 166 acres, $56.4MA |
| United States United States of America (10), the Postal Service (7) and the Department of the Interior (1). The State of Arizona and ADOT hold a further 12 parcels, 15 acres, $20.3M. Valley Metro holds no parcel in its own name; light-rail and streetcar lines run in City right of way. |
Government | 18 parcels, 21 acres, $29.3MA |
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Tempe is landlocked and built out, so new housing here means apartments, not subdivisions. Census Bureau permit data for 2025 show the City issued 1,287 new housing units: 84 single-family houses (valued at $17.6M), 14 units in duplexes and 1,189 units in 15 buildings of five or more ($207.8M). There is no builder league table; the list below names the owners of the largest apartment complexes completed since 2019 according to the Assessor's Apartment Master, and the two entities that sold the most new single-family homes on the affidavit file since 2022. Owners of record are not always the developers, and parent companies are named only where a filing says so.
| Name | Type | Units completed since 2019 (Apartment Master) / homes sold 2022–2026 (affidavits) |
|---|---|---|
| Camden Property Trust 'Camden Tempe' west at 600 E Curry Rd, in the name Camden USA Inc; Camden's Schedule III dates Camden Tempe II to 2023. |
REIT | 397 units (2022)A |
| KRE UP III Apollo / Canvas Owner LLC Apollo, 1100 E Apache Blvd (327 units, 2019) and Canvas Tempe, 1028 E Orange St (263 units, 2020), student housing near campus; tax mailing Dallas. Parent not established. |
Private company | 590 units (2019–2020)A |
| Arizona Board of Regents (The Piedmont) 707 E 6th St on Novus land, in the Regents' name; the private developer or lessee is not on the roll. |
Government | 318 units (2021)A |
| Culdesac Tempe LLC 2025 E Apache Blvd, built 2022, owner of record Culdesac Tempe LLC. |
Private company | 288 units (2022)A |
| White Fig Homes JV LLC 13 single-family homes (average about $579,000) and 3 townhouses sold Jan 2022 to Mar 2026 — the most new homes sold by any builder-named entity on Tempe's affidavit file. |
Private company | 16 homesA |
| Habitat for Humanity Central Arizona Single-family sales Mar 2022 to Oct 2025 on the affidavit file. |
Institution | 15 homesA |
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Tempe's commercial landlords are a mix of listed REITs on the lake (Cousins' entire Phoenix office portfolio is in Tempe), owner-occupiers such as JPMorgan Chase and Salt River Project, and student-housing investors along Apache Boulevard, where eight of the ten largest recorded sales since 2015 took place. Much of the newest office and retail stands on City or ASU title, so the operator does not appear on the roll; those are in the buildings above. Figures are summed by this research from the Maricopa roll inside the City (tax-area code 16), with the owner's own filing cited where it names a Tempe property.
| Name | Type | Tempe holding |
|---|---|---|
| Cousins Properties Cousins' 2025 10-K lists its whole Phoenix office group — Hayden Ferry (792,000 sq ft, 100%), 100 Mill (288,000, 90%), Tempe Gateway (264,000, 100%) and 111 West Rio (225,000, 100%) — all in Tempe; together 7.5% of its office net operating income. On the roll in the names Cousins Fund II Phoenix I–IV LLC, PKY Fund II Phoenix V LLC and PKY W Rio Salado LLC/Cousins W Rio Salado LLC; 100 Mill stands in the City's name. |
REIT | 4 office properties, 1,569,000 sq ft rentable; 7 parcels, $359.3M on the rollA |
| JPMorgan Chase In the name JPMorgan Chase Bank NA: the 2116 E Elliot Rd campus ($204.2M, bought for $108,000,000 in March 2017 from Tempe Campus SPV LLC, affidavit) and 100 W University Dr ($51.1M, 694,877 sq ft of components). |
Public company | 9 parcels, 85 acres, $279.3MA |
| Simon Property Group Arizona Mills, in the name Arizona Mills Mall LLC; Simon's 2025 10-K: fee, 100%, 1,221,069 sq ft, $91,995,000 mortgage at 3.80% due 1 Sep 2026. |
REIT | 11 parcels, 92 acres, $220.3MA |
| Camden Property Trust Camden USA Inc holds 600 and 800 E Curry Rd ($148.0M; the Apartment Master lists 'Camden Tempe' west, 397 units, built 2022), and Camden Sotelo LLC holds 171 townhouse-style parcels at 615 E Weber Dr ($47.1M). Camden's 2025 Schedule III carries Camden Sotelo ($39.1M gross, 2013), Camden Tempe ($46.7M, 2015) and Camden Tempe II ($108.4M, 2023). |
REIT | 3 communities; 173 parcels, $195.1M on the rollA |
| RS Phoenix Portfolio LLC Office parcels at 1870–1930 W Rio Salado Pkwy (deeds of 2016–2026, no affidavit price), tax mailing Los Angeles/Beverly Hills. The investors behind the LLC are not named in any record opened here. |
Private company | 4 parcels, 41 acres, $164.0MA |
| Vestar (Tempe Marketplace) Vestar-CPT Tempe Marketplace LLC; the other 23 Tempe Marketplace parcels ($372.3M) stand in the City's name. The 2015 affidavit of $357,994,805 is the largest sale on Tempe's file. |
Private company | 2 parcels, 15.5 acres, $44.7M in its own nameA |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Licence and commercial use. The Assessor grants no licence; its Data Downloads page says commercial users must comply with Arizona law on the commercial use of public records and offers a Commercial Purpose Public Record Request form. No such request was filed: this record uses only the freely downloadable files, quotes single facts and reproduces no rows; republish stays false.
- Tempe Town Lake: the City holds a run of large unaddressed parcels along the Salt River bed (e.g. 129.9 acres and 55.4 acres, PUC 9705/9700), but which parcels form the lake was not confirmed because www.tempe.gov blocks automated access; it has no building entry.
- GPLET lessees. The City's GPLET lease list was not readable (tempe.gov Akamai block), so for City-titled buildings other than 100 Mill (Cousins, from its 10-K) and Tempe Marketplace (Vestar) the private lessee is not named: Pier 202 at 1306 E Vista del Lago (City deed Aug 2026), Watermark offices at 410/430 N Scottsdale Rd, 2100 Rio Salado Business Park, '999 Playa', and apartments at 750 S Ash Ave and 707 S Farmer Ave.
- Marina Heights: the $928M price rests on AZ Big Media, not on an affidavit (none is filed where the Regents hold title); any later sale of the leasehold was not checked.
- Mountain America Stadium: the roll carries no 500 E Veterans Way situs; placing the stadium on the 64.6-acre 201 S Packard Dr parcel is inferred from component years.
- 1150 E Vista del Lago: Springbrook Development LLC holds a $155.7M parcel beside the City's Pier 202 parcel (2019 deed, no price); what it is and who stands behind the LLC were not established.
- Carvana and Insight Enterprises: neither holds a Tempe parcel in its own name on the roll; their offices were not tied to an owner and were not pursued further.
- City boundary. 'Inside the City' means parcels whose Assessor tax-area code carries 16 in the city digits; inferred from the roll (99.8% of Tempe-addressed parcels carry it), not from a published code table.
- Builder figures count only each parcel's latest recorded sale; apartment owners of record are not necessarily the developers.
- GPLET leases are public in principle: A.R.S. 42-6202 requires the City to record a memorandum of lease naming the parties with the County Recorder and to keep a public database of its leases. The City's database is on www.tempe.gov (Akamai block) and the Recorder's documents were not searched here, so those names remain unestablished.
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Sources
- Secured Master (owner of record, situs, deed, values, tax area for every real-property parcel; five pipe-delimited files dated 2 Oct 2026) — Maricopa County Assessor's Office · openA
- Data Downloads — free datasets ('now available for free download ... at no cost') and the commercial-purpose notice — Maricopa County Assessor's Office · openA
- Sales Affidavits ('last recorded' sale per parcel: sale date, price, deed, situs, grantor, grantee; file dated 5 Oct 2026) — Maricopa County Assessor's Office · openA
- Commercial Master (improvement components: storeys, floor area, year built; file dated 18 Sep 2026) — Maricopa County Assessor's Office · openA
- A.R.S. 11-1133 — Affidavit of legal value — Arizona State Legislature · openA
- A.R.S. 11-1134 — Exemptions (from the affidavit) — Arizona State Legislature · openA
- A.R.S. 11-475 — County recorder fees — Arizona State Legislature · openA
- A.R.S. 39-121.03 — Request for copies, printouts or photographs; statement of purpose; commercial purpose — Arizona State Legislature · openA
- Cousins Properties — Form 10-K for 2025 (Item 2. Properties: Hayden Ferry, 100 Mill, Tempe Gateway, 111 West Rio; Schedule III) — U.S. Securities and Exchange Commission · openA
- Simon Property Group — Form 10-K for 2025 (Item 2. Properties: Arizona Mills, Tempe; Schedule III; mortgage indebtedness) — U.S. Securities and Exchange Commission · openA
- Marina Heights sold in sale-leaseback deal with State Farm — AZ Big Media (AZRE) · openA
- Behind the scenes of the $928M Marina Heights sale — AZ Big Media · openA
- Tempe Diablo Stadium — Spring Training home of the Los Angeles Angels — Cactus League Baseball Association · openB
- Mullett Arena (article wikitext: address 411 S Packard Drive; owner Arizona State University; opened 12 Oct 2022) — Wikipedia · openB
- Mountain America Stadium (article wikitext: 500 East Veterans Way; owner and operator Arizona State University; opened 1958; renovated 2015–2019) — Wikipedia · openB
- Camden Property Trust — Form 10-K for 2025 (Schedule III: Camden Sotelo, Camden Tempe, Camden Tempe II) — U.S. Securities and Exchange Commission · openA
- Building Permits Survey — West Region places annual 2025 (we2025a.txt), Tempe city — U.S. Census Bureau · openA
- Apartment Master (complex name, owner, units, construction year; current tax year) — Maricopa County Assessor's Office · openA
- A.R.S. 42-6202 — Commercial government property lease excise tax; database (memorandum of lease to be recorded; lessor must keep a public lease database) — Arizona State Legislature · openA