
Big Deals: Multifamily, June 2014 – July 2014
Top 5 Notable Sales (June 1, 2014 to July 31, 2014) Source: Cassidy Turley Research Department, Colliers International and CoStar.
Multifamily Sales
1. Broadstone Camelback, Phoenix
220,280 SF; 270 units; $74.75M
BUYER: Heitman LLC
SELLER: Alliance Residential Company
Listing BrokerS: Tyler Anderson, Sean Cunningham, Matt Pesch and Asher Gunter, CBRE
2. Parcland Crossing, Chandler
518,365 SF; 383 units; $65M
BUYER: Pillar Communities, LLC
SELLER: Mark-Taylor Residential, Inc.
Listing Brokerage: CBRE
3. The Station on Central, Phoenix
419,212 SF; 414 UNITS; $53M
BUYER: HSL Properties, Inc.
SELLER: Baron Properties
Listing Brokerage: Apartment Realty Advisors
4. Verano Townhomes, Phoenix
435,840 SF; 360 units; $49M
SELLER: Cornerstone Real Estate Funds
Listing Brokerage: CBRE
5. Block 1949, Tempe
264,555 SF; 225 units; $38.7M
BUYER: Consolidated Investment Group, LLC
SELLER: Situs Holdings, LLC
Listing Brokerage: JLL