Sales Transactions
1. Avia 266, a 267-unit multifamily community at 1366 S. Country Club Dr. in Mesa, recently sold for $52.4M. The buyer, ColRich, purchased the property from Geringer Capital. Matt Pesch, Asher Gunter and Austin Groen of CBRE represented the seller. The community will be rebranded as The Remy.
2. Hayden Park, a 182-unit garden-style apartment community at 3015 N. Hayden Road in Scottsdale, recently sold for $42M. The buyer was Rockwell Property Company. The seller was represented by Steven Nicoluzakis, David Fogler and Jaxx Davies of Cushman & Wakefield.
3. Walmart has paid nearly $11.82M for a 38-acre site in the AZ85 planned area development at the NEC of SR 85 and Southern Avenue in Buckeye. Seller Cardinal Capital Company previously secured rezoning for the site…