Real Estate Daily News
Cushman & Wakefield sold 9.29 acres of Arizona State University (ASU) surplus land, located at the southeast corner of Rio Salado Parkway and Price Road in Tempe, Ariz. Phoenix-based Alliance Residential, the nation’s largest multifamily developer, purchased the site from ASU for $11.25 million.
Executive Managing Directors David Fogler and Steven Nicoluzakis of Cushman & Wakefield Phoenix represented the seller in the transaction.