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Tempe Apartment Community Sold to California Investor for $26.7 Million

Property Located in the Heart of High Tech Job Growth Phoenix, Arizona — Studio 710, an apartment community located at 710 Hardy Drive in Tempe, has been sold to Tara Investment Group of San Francisco for $26.75 million ($112,000 per unit). The property is located in the heart of burgeoning Tempe. “This asset is located …

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Velocity Retail Group Represents At Home in Purchase of Tempe Location

Tempe, Arizona —   Velocity Retail Group’s Darren Pitts, Executive Vice President, represented At Home (NYSE: HOME) in the purchase of 5.88 acres of land in The Groves shopping center located at the northwest corner of Elliot Road and Hardy Drive in Tempe, Arizona.  Existing tenants in the shopping center include Wal-Mart Supercenter, Ross Dress …

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CBRE Brokers $4.8M Sale of Apartment Community Near Arizona State University in Tempe

PHOENIX, Arizona – CBRE has arranged the sale of Decco 109, a 40-unit garden-style apartment community located near Arizona State University at 109 E. Broadway Road in Tempe, Ariz. The property commanded a sale price of $4.8 million ($120,000 per unit). Brian Smuckler, Jeff Seaman, and Bryson Fricke represented the seller, 5C Onyx Tempe, LLC, …

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