April 18, 2024 4:58 pm
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300 Class A apartments coming to Chandler

Conceptual landscape plan for Riata. Credit: City of Chandler/AZBEX

By Roland Murphy | AZBEX

After recently gaining final plat approval from the City of Chandler, San Antonio-based Embrey Development Company has purchased the 8.7-acre infill site near Chandler Fashion Center where it intends to create the 300-unit, Class A multifamily project Riata.

Embrey purchased the parcel from Jewel Development Co., LP for $$11.4M, according to Business Real Estate Weekly of Arizona. Dave Headstream and Jason Hyams with CBRE’s Phoenix Land Services Group represented both the buyer and the seller.

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