ARA’s Phoenix Team Announces the $1.2 Million Sale of Aster Gardens Apartments in Phoenix

Frontage-5

3rd Ave Investments, LLC from Phoenix, Arizona has purchased Aster Gardens Apartments, a 28-unit multifamily property located at 1950 W. Aster Drive in Phoenix, Arizona from Paradise Village II in Phoenix.

Vice President Ryan Ash and Senior Associate Mike Woodrick of ARA’s Phoenix office represented both buyer and the seller in negotiating the $1,202,000 transaction.

ARA’s Phoenix Team Announces the $1.2 Million Sale of Aster Gardens Apartments in Phoenix

Frontage-5

3rd Ave Investments, LLC from Phoenix, Arizona has purchased Aster Gardens Apartments, a 28-unit multifamily property located at 1950 W. Aster Drive in Phoenix, Arizona from Paradise Village II in Phoenix.

Vice President Ryan Ash and Senior Associate Mike Woodrick of ARA’s Phoenix office represented both buyer and the seller in negotiating the $1,202,000 transaction.

TIME WARNER CABLE BUSINESS CLASS EXPANDS FIBER NETWORK TO BRING 10 GBPS INTERNET SPEEDS TO ONE WORLD TRADE CENTER IN LOWER MANHATTAN

Time Warner Cable (NYSE: TWC) today announced that it has completed an investment to expand its advanced communications network to One World Trade Center, the iconic 104-story office building that stands a symbolic 1,776 feet in New York City’s Lower Manhattan. Time Warner Cable, through its Business Services unit, has pulled more than 1.5 miles…

Details

Colliers International Completes Sale of 256-Unit Silverado Apartments in Albuquerque

Colliers International in Greater Phoenix, in conjunction with Colliers’ office in Albuquerque, recently completed the sale of Silverado, a 256-unit Class A multifamily complex in Albuquerque, New Mexico, which is the latest transaction stemming from a re-branding of the Colliers HSK Multifamily Southwest Team. Clear Sky Capital Inc. of Phoenix purchased the property, at 5741…

Details

CBRE Completes $11.15 Million Sale Washington Business Park in Phoenix

CBRE has completed the sale of Washington Business Park located at 5324-5330 E. Washington Street in Phoenix, Ariz. The ±139,196-square-foot, four-building business park commanded a sale price of $11.15 million. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, BREOF AIP Phoenix, LLC of Toronto, Ontario, Canada. The buyer was Scottsdale-based CAM-10,…

Details

CBRE Multifamily Investment Group Negotiates $1.83 Million Sale of Osborn Place Apartments in Central Phoenix

CBRE has negotiated the following multi-family sales transaction: • Phoenix Fund IPIRG, LLC from San Diego, California has purchased Osborn Place apartment complex, a 30-unit, multi-family property located at 1414 East Osborn Place in Phoenix, Ariz. from EQ Downtown, LLC of Tempe, Ariz. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both buyer…

Details

CBRE Multifamily Investment Group Negotiates $1.7 Million Sale of Desert Arbor Apartments in North Phoenix

CBRE has negotiated the following multi-family sales transaction: • Stardom Apartments, LLC from Woodside, California has purchased Desert Arbor apartment complex, a 73-unit multi-family property located at 725 West Vogel Avenue and 726 West Hatcher Road in Phoenix, Arizona from Las Salas, INC of Phoenix, Arizona. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office…

Details