MIG buys large apartment complex near ASU

Quadrangles Village's(Marketwired) — MIG Real Estate, a Newport Beach, Calif.-based real estate investment company, has completed the acquisition of Quadrangles Village, a 510-unit apartment home community adjacent to Arizona State University (ASU) in Tempe, Ariz.

“In acquiring this property, MIG Real Estate recognized Quadrangles Village’s desirable location next to ASU’s 60,000 students and 12,000 employees, as well as its excellent potential for value-add upgrades,” said Greg Merage, Chief Executive Officer of MIG Real Estate.

Quadrangles Village is located at 1255 E. University Drive in Tempe, in close proximity to the main ASU campus.

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