Pinnacle Holdings of Florida Inc. concluded its 30-year hold on Rancho Las Palmas, a 112-unit multifamily property in Tempe, AZ. The Boca Raton company sold the property at 1249 E. Spence Ave. to Phoenix-based Rincon Partners Ltd. for $18 million ($160,714 per unit). The sale was ...
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PHOENIX, March 2, 2020 – Cushman & Wakefield has completed the investment sale of Mission Springs Apartments, a 306-unit multifamily asset in Tempe, AZ. The 216,168-square-foot (sf) property located at 1311 W. Baseline Rd. sold for $54,100,000 or more than $176,000 per unit. Tru...
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