Colliers International Completes $11.85 Million Sale of Promenade at Desert Sky in Phoenix

Colliers International in Greater Phoenix recently completed the sale of Promenade at Desert Sky, a 300-unit Class B apartment complex in Phoenix, for $11.85 million, or $39,500 per unit. Desert Sky Estates, LLC, of Woodmere, New York, purchased the property, at 6233 W. Thomas Road, from WT Promenade LLC of Englewood, Colo. Bill Hahn, Jeffrey…