December 20, 2024 3:10 pm
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Baron Properties pays $30.05 million for Peoria apartments

Alta Park West
Alta Park West

By John McLean | Arizona Republic

A venture formed by Wood Partners and Boston Capital Real Estate Partners of Boston sold Alta Park West at 9680 W. Northern Ave. in Peoria to Baron Properties of Greenwood Village, Colo. for $30.05 million. Steve Gebing of Institutional Property Advisors and Cliff David of Marcus & Millichap represented the seller. The buyer of this 260-unit apartment community was self-represented.

Major deals

Pathfinder TRF M LLC of Tempe sold a 93,500 square-foot industrial building in the Chandler Corporate Center at 450 N. McClintock Drive in Chandler to Desert Palm Management Group of Phoenix for $6.39 million. Greg Hopley of Colliers International in Scottsdale represented the buyer. The seller was self-represented.

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