6 Palms Apartments in North Phoenix Sells for more than $1 Million

CBRE has negotiated the following multifamily sales transaction: • Chen Development Group from Daly City, Calif. has purchased the 6 Palms apartment complex, a 35-unit multifamily property located at 2522 West Highland Avenue in Phoenix, Ariz., from Blaine, Wash.-based JL Investing, LLC. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the seller in…