Scottsdale apartments sell for $57.75 mil; other major deals

Fenway Properties of San Diego paid $12 million for a 92,233 square-foot office building in Phoenix. / DRA Communications
Fenway Properties of San Diego paid $12 million for a 92,233 square-foot office building in Phoenix. / DRA Communications

By John McLean | Arizona Business Gazette

Sunstone Realty Advisors of Vancouver sold the Paragon at Kierland, 15608 N. 71st St. in Scottsdale, to Sentinel Real Estate Corp. of New York for $57.75 million.

Jerry Tenge and Tristan Charlesworth of Colliers International in Phoenix represented the seller, who paid $34.2 million for the property in November 2009. The buyer was self-represented in the purchase of this 276-unit luxury apartment community located on the Westin Kierland Golf Course.

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