Maricopa County Explores Sale of Chase Field

The deal would include keeping the Arizona Diamondbacks at the stadium through 2028.

PHOENIX—The Maricopa County stadium district board of directors voted to explore the option to sell Chase Field, downtown home of Major League Baseball’s Arizona Diamondbacks, to private out-of-state investors last month. The proposed deal, which was made public in early August, would include keeping the Arizona Diamondbacks at the stadium through 2028—the remainder of the team’s contract with the county.

The board has retained CBRE to appraise the value of Chase Field. Julius Blatt, managing director of CBRE’s sports and entertainment specialty group within the firm’s valuation and advisory line of business, will lead the effort in appraising Chase Field for the county.