AZRE
Cassidy Turley announced on Thursday the sale of Broadstone Twin Fields, a 314-unit apartment community located at 2505 E. Williams Field Road in Gilbert, Ariz., and The Club at Coldwater Springs, a 251-unit apartment community located at 105 North Links Drive in Avondale, Ariz.
Broadstone at Twin Fields, LP (Alliance Residential), represented by Cassidy Turley Executive Managing Directors David Fogler and Steven Nicoluzakis, sold the class-A garden-style apartment community for $47.1 million ($150,000 per unit). FRI San Tan, LLC (Farnam Realty, Inc.) acquired the apartment community.