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CBRE Multi-Housing Group Negotiates Sale of Metro Phoenix Property

 

CBRE negotiated the multi-family sales transaction of Papago Pines Apartments.

Pines at Papago LLP of Phoenix bought the 26-unit multi-family property at 1627 and 1637 N. 51st St. in Phoenix.

Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented the buyer and the seller, Robert D. Wuthrich of Kihei, Hawaii, in negotiating the $915,000 sales transaction.

 

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Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.