Sales Transactions
1. MAA Companies has purchased the 323-unit Haverly apartment community at Thomas Road and Central Avenue in Phoenix from Toll Brothers Apartment Living for $102.4M. Toll Brothers had recently completed construction on the complex, which will now be rebranded MAA Central Ave.
2. Marcus & Millichap’s Hamid Panahi, Clint Wadlund and Art Wadlund represented the seller and procured the buyer in the recent $14.5M sale of Equinox on Pima, a 107-unit apartment community in Tucson.
3. Stos Partners has sold a 28.5KSF industrial building at 2725 E. Chambers St. in Phoenix for $7.2M. Buyer Sacket Family Trust was represented by Alexey Zabolotskikh of Lee & Associates. David Wilson and Carter Wilson with Daum Commercial Real Estate Services represented Stos.
4. Nick Miner of ORION Investment Real Estate represented seller Fox Headquarters, LLC in the sale of a Tempe industrial building for $3.5M. John Stroud of Matthews Real Estate represented the buyer 4505 Broadway, LLC.
5. Nick Miner and JT Taylor of ORION Investment Real Estate represented buyer H26ONE, LLC in the purchase of a $2.05M owner/user office building in Tucson. Seller Siegmund Properties, LLC was represented by Ryan McGregor of Picor.