$101.5 Million Multifamily Asset Sale in Northwest Phoenix Brokered by Institutional Property Advisors
Retrieved on:
Tuesday, December 14, 2021
Professional Services, Other Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banner Health, Education, Community, NYSE, Sale, Arizona State University, AAA, Wells Fargo, MMI, Acquisition, Arrowhead Towne Center, Health, Risk, Specialization, Research, Arrowhead Ranch, Arizona, Marcus & Millichap, Marketing, Peoria Sports Complex, Discover Financial, USAA, IPA, Arizona State Route 101, Baron, Honeywell, Financial services, Abrazo
Institutional Property Advisors (IPA) , a division of Marcus & Millichap, Inc. (NYSE: MMI) , announced today the sale of Arrowhead Ranch by Baron, a 256-unit multifamily asset in the Arrowhead Ranch master-planned community in Glendale, Arizona.
Key Points:
- Institutional Property Advisors (IPA) , a division of Marcus & Millichap, Inc. (NYSE: MMI) , announced today the sale of Arrowhead Ranch by Baron, a 256-unit multifamily asset in the Arrowhead Ranch master-planned community in Glendale, Arizona.
- Gebing and Cliff David, IPA executive managing director, represented the seller, Baron Properties, and procured the buyer, Decron Properties.
- Community amenities are framed by lush greenery and include two resort-style swimming pools, spas with expansive sundecks, and lake views.
- Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America.