Brett Polachek Archives

Huntington Apartments in Tempe sell for $34.6 Million

The Huntington Apartments

Cushman & Wakefield, a global leader in commercial real estate services, announced the $34.6 million sale of The Huntington Apartments on behalf of owner Gelt Inc., dba Gelt Mill Holdings LLC of Tarzana, CA. Jim Crews and Brett Polachek with Cushman & Wakefield’s Southwest Multifamily Advisory Group successfully negotiated the sale to Abacus Capital Group… Read More →

Anzio Apartments in Tempe sell for $19.5 million

Anzio Apts

Cushman & Wakefield has announced the $19.5 million sale of Anzio Apartments on behalf of owner Gelt Inc., dba Gelt Broadway Holdings LLC of Tarzana, CA. Jim Crews and Brett Polachek with Cushman & Wakefield’s Southwest Multifamily Advisory Group successfully negotiated the sale to WWC Holdings LLC of Vancouver, BC. Located at 1330 W. Broadway… Read More →

Glendale Shadows apartments sell for $5M

Glendale Shadows, courtesy of Cushman & Wakefield

Cushman & Wakefield of Arizona, Inc. completed the $4,975,000 sale of the Glendale Shadows Apartments, 5902 W. Royal Palm Rd. The apartment building was constructed in 1975 and contains 138 units totaling 95,765 square feet ($51.95 PSF).  The property, which includes nine buildings, currently boasts 93 percent occupancy. Terra Vista Investments USA of Vancouver, Canada,… Read More →

126-unit Briarwood Apartments sell for $4.05M

Briarwood Apartments
by in AZRE Magazine | Brokerage | In The Spotlight

Cushman & Wakefield of Arizona, Inc. negotiated the $4.05 million sale of the Briarwood Apartments, a multi-family property located at 3450 W. Missouri Ave., in Phoenix. Briarwood was built in 1983 and contains seven buildings and 126 units. The property was 90 percent occupied at the time of the sale. Edward Sibley of Phoenix sold… Read More →

Colonnade Apartments sell for $25.5M

Colonade Apartments, WEB

Cushman & Wakefield of Arizona’s Multifamily Advisory Group recently negotiated the $25.5 million sale of The Colonnade Apartments, a 415-unit multifamily property located at 1930 E. Camelback Road. Built in 1968/1973, The Colonnade is an urban, garden-style apartment community located in the heart of the Camelback Corridor, providing a live-work-play experience for residents. The property… Read More →

Shoppes at the Islands Sells for $2.1M

Cushman & Wakefield
by in Business News

Cushman & Wakefield of Arizona, Inc. has negotiated the $2.1M sale of 11.4 acres, known as the Shoppes at the Islands land, located on the SEC of Warner and McQueen roads in Gilbert. The property will be the site of a future home community. Genica Arizona, LLC, a partnership based in Chilliwack, British Columbia purchased… Read More →

Cushman & Wakefield Negotiates Bascom Group's $77M Purchase of 3 Multi-family Complexes

rsz_brookstone
by in Brokerage

  Cushman & Wakefield of Arizona, Inc. announced the purchase of three Valley multi-family complexes by The Bascom Group, for $77M. The Irvine, Calif.-based company, represented by Jim Crews, Brett Polachek and Tara Lewis of Cushman & Wakefield, completed the purchases of properties in Avondale, Mesa and Phoenix during the past 14 days. Coldwater Springs… Read More →