Cushman & Wakefield is pleased to offer AVALON, a 117-unit fully renovated garden-style asset located in the Biltmore area of the city of Phoenix. Originally constructed in 1973, Avalon has undergone a complete renovation under the current ownership to create a high quality, affordable community in the highly desirable Biltmore area of Phoenix.

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Avalon
117 Units
3851 North 28th Street
Phoenix, AZ  85016
Closed: 6/1/2023
The Cushman and Wakefield Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 324 unit Avery On the Green Apartment Homes located in Chandler, Arizona.
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Avery on the Green
324 Units
125 S. Alma School Road
Chandler, AZ  85224
Type:  Multifamily
Closed: 10/29/2021

Cushman & Wakefield is pleased to present a unique opportunity to obtain a ±3.73 net acre (±4.48 gross acre) multifamily development site located within the Desert Ridge Master Plan, adjacent to High Street and Desert Ridge Marketplace, at the northwest corner of 56th Street and the 101 Freeway, in Phoenix, Arizona, known as City North.

At completion, City North is planned to encompass 1.8 million square feet of corporate office, 2,885 residential units, 620 hotel rooms and up to 100,000 square feet of retail including new restaurant concepts.

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NWC 56th Street & 101 Freeway
3.73 Acres
NWC 56th Street & 101 Freeway
Phoenix, AZ  85054
Type:  Land
Closed: 8/25/2021
Sold
River Grove Multifamily Development Site
9.64 Acres
SEC Buckeye Road & El Mirage Road
Avondale, AZ  85323
Type:  Land
Closed: 8/10/2021
Sold
6824 E Indian School Rd Development Site
0.86 Acres
6824 East Indian School Road
Scottsdale, AZ  85251
Type:  Land
Closed: 8/3/2021
Sold
1720 E Camelback Rd Development Site
2.79 Acres
1720 E Camelback Rd
Phoenix, AZ  85016
Type:  Land
Closed: 7/28/2021
Centra is a newly completed, LEED certified, 223-unit, Class A luxury apartment community located along the Light Rail route and steps away from the Osborn & Central Light Rail station. With frontage on Central Avenue, Centra is ideally located in the highly desirable Midtown section of Phoenix. Centra is located in the heart of one of the strongest office centers and medical hubs in the Phoenix area, and within close proximity to a variety of dining, shopping and entertainment venues, as well as the Downtown Phoenix campus of Arizona State University. Centra offers residents a mix of one and two bedroom thoughtfully designed floor plans and superior amenities and offers investors a rare opportunity to acquire a brand new Class A property in a premier Phoenix location.
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Centra
223 Units
3601 North Central Avenue
Phoenix, AZ  85012
Type:  Multifamily
Closed: 6/15/2021
Conveniently located near the Loop 101 Freeway and SR 51 Freeway, Cobalt on 32nd Street provides residents with a resort-style pool, outdoor gas grills and fire pit, state-of-the-art fitness center and attached garages with direct apartment access. Cobalt's one and two bedroom units feature kitchens with stainless-steel appliances and granite countertops, wood-style flooring throughout, washer/dryers and large private patios/balconies.
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Cobalt on 32nd Street
90 Units
18350 North 32nd Street
Phoenix, AZ  85032
Type:  Multifamily
Closed: 5/20/2021
Completed in 1984, the 146-unit Mountain View Casitas is conveniently located near shopping, restaurants, schools and major freeways. Apartment units feature fireplaces, walk-in closets, washer/dryers, fully equipped kitchens and private patios/balconies. With a park-like setting, Mountain View Casitas community amenities include lounge areas, a game room, high-intensity fitness center and a resort-style pool.
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Mountain View Casitas
146 Units
1130 E. Grovers Avenue
Phoenix, AZ  85022
Type:  Multifamily
Closed: 5/13/2021

Broadstone Rio Salado is a 276-unit Class A apartment community located in Tempe, Arizona. Completed in 2020, Broadstone Rio Salado was developed by Alliance Residential, one of the nation’s leading multifamily developers. Tempe is widely regarded as the Phoenix area’s most dynamic submarket and Broadstone Rio Salado is well positioned to take advantage of its exceptional location at the intersection of the 101 and 202 freeways.

Tempe features some of the Phoenix areas most prominent employers such as State Farm, SRP, Microsoft, Amazon.com, LifeLock, DHL Express, JP Morgan Chase, Comtech Data and Carvana. Tempe is the top submarket for employment growth, with Class A office developments such as Hayden Ferry Lakeside, Rio 2100 and The Watermark, as well as future office developments, including 100 Mill, Novus and Union. Tempe is home to a major recreational source in Tempe Town Lake, and the nation’s largest university, Arizona State University.

Broadstone Rio Salado offers its residents eleven studio, one bedroom and two bedroom floor plans featuring top of the line interior finishes, extensive indoor and outdoor amenities, convenient surface parking and a high-end exterior design. Broadstone Rio Salado is a surface-parked community featuring elevator access to each floor.

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Broadstone Rio Salado
276 Units
2325 East Rio Salado Parkway
Tempe, AZ  85281
Closed: 5/6/2021

Cactus Forty-2 is a 200 unit Class A apartment community located on Cactus Road, just west of Tatum Boulevard and nearly adjacent to Paradise Valley Mall in Phoenix, Arizona. This outstanding location provides immediate access to high-end entertainment, shopping, dining, large employment centers, excellent freeway access and unsurpassed drive-by exposure.

Completed in 2014, Cactus Forty-2 offers its residents contemporary urban architecture, a high level of finish in the unit interiors and excellent amenities including a resort-inspired pool and spa, outdoor kitchen, outdoor fireplace and social gathering space, fitness center with on-demand fitness classes, clubhouse with Wi-Fi internet access and unique “living wall” and a pet park.

Interior amenities include nine-foot ceilings, eight-foot entry doors, hardwood-inspired flooring, Shaker-style cabinet doors, granite countertops, stainless steel appliances, washer/dryers and under-mounted sinks, designer accent walls, marble bath vanities and dual-pane glass. Select units include large soaking tubs, subway-style tile shower surrounds and private balconies/patios.

Residents also enjoy gated access, covered parking, lush landscaping and views of the Phoenix Mountain Preserve.

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Cactus Forty-2
200 Units
4242 East Cactus Road
Phoenix, AZ  85032
Closed: 4/29/2021
Avalon is a garden-style community with value-add potential located in the desireable Biltmore/Camelback Corridor area of Phoenix. Amenities include a resort-style pool, fire pit, barbecue grills, fitness center, laundry facilities and a dog park.
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Avalon
117 Units
3851 North 28th Street
Phoenix, AZ  85016
Closed: 3/22/2021

Village at Aspen Place offers an investor the opportunity to acquire a true "Best in Class", "A" quality multifamily property with highend, resort-style amenities and 26 unique floor plans in a premier mixed-use setting. Amenities offered residents include resident clubhouse with kitchen and coffee lounge, fitness center and yoga room, heated swimming pool and spa, outdoor barbecue grills and fire pit, bike/ski repair shop, pet washing station and package concierge lockers.

The extensive amenities offered residents are matched by high level interior finishes provided in each individual residence. Village at Aspen Place’s spacious floor plans feature nine-foot or higher ceilings, wood-style vinyl plank flooring, Knotty Alder wood cabinets, granite countertops, stainless steel appliances, tiled floors and showers in bathrooms, oversized closets, large balconies/patios and full size washer/dryers. Select units include wet bars, built-in desks, concierge doors and vaulted ceilings.

Village at Aspen Place features an attached 6-story parking structure with elevator access to each floor. Residents have access to their units via air-conditioned/heated corridors. From their front door residents of Village at Aspen Place can access a variety of shopping, restaurants and service businesses, including Whole Foods, REI, Lululemon, Grimaldi’s Pizzeria, Wildflower, Barre3 and many others. Village at Aspen Place is Flagstaff’s only true mixed-use community.

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Village at Aspen Place
222 Units
601 East Piccadilly Drive
Flagstaff, AZ  86001
Type:  Multifamily
Closed: 1/29/2021
Sold
The Sterling
107 Units
1303 West Juniper Avenue
Gilbert, AZ  85233
Closed: 12/17/2020

Cushman & Wakefield is pleased to offer CASA ANITA, a 224-unit, Class "B", garden-style apartment community located north of the northeast corner of McDowell Road and 83rd Avenue in Phoenix, Arizona. This location offers residents easy access to the I-10 and Loop 101 freeways, providing immediate access to entertainment, shopping, dining and employment in Phoenix and the West Valley.

Built in 1986, Casa Anita is a two-story community featuring a mix of one and two bedroom/two bath units in a park-like setting. Residents are offered numerous amenities including a swimming pool and spa, a gazebo with barbecue grill, lighted basketball court, a 24-hour fitness center, picnic area, children's playground, updated clubhouse with work/study desks, a laundry faciluty and covered parking. Unit interiors feature all-electric kitchen appliances, breakfast bars, custom closet designs, walk-in showers and tubs and private patios/balconies.

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Casa Anita
224 Units
1801 North 83rd Avenue
Phoenix, AZ  85035
Type:  Multifamily
Closed: 12/9/2020

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±8.2 net acre multifamily development site located on a major intersection in Phoenix’s rapidly transforming Central Corridor. This rare, hard-corner site is located along the Valley Metro Light Rail, with a station adjacent to the property at the corner of Central Avenue and Indian School Road. Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 15,000-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in the Central Corridor.

The opportunity consists of four (4) parcels with a combined total of ±356,905 square feet of developable land on the northwest corner of Central Avenue and Indian School Road. This transit oriented development site is bound by three streets.

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NWC Central & Indian School Development Site
8.2 Acres
Central Avenue & Indian School Road
Phoenix, AZ
Type:  Land
Closed: 12/17/2019

Peak 16 is a newly completed 233-unit, Class "A", podium-style luxury apartment community located near 16th Street and Camelback Road in the highly desirable Camelback Corridor area of Phoenix. Peak 16 is within close proximity to a variety of employment, shopping and entertainment venues and has immediate access to the State Route 51 and minutes away from notable employers such as Phoenix Children’s Hospital and Charles Schwab. Residents also benefit from close proximity to top-rated schools including "A" rated Madison Camelview Elementary, serving grades pre-school through 4th.

Peak 16 offers residents a resort-style lap pool and spa with cabanas, outdoor grilling stations, outdoor fireplaces in courtyard settings, a state-of-the-art fitness center, a clubhouse with WiFi in common areas, gaming area with a pool table and televisions, resident tech lounge and a 24-hour package locker system. Four elevators and climate controlled interior corridors provide convenient access to each unit.

Interior amenities include, wood-style plank flooring, modern kitchens with islands, stainless steel appliance package including gas cooktops, tile backsplashes, "French door" style refrigerators, modern cabinetry, quartz countertops, contemporary lighting, washer/dryers and private patios/balconies. Ceiling heights range from 9 to 25 feet throughout the community.

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Peak 16
233 Units
5151 North 16th Street
Phoenix, AZ  85016
Type:  Multifamily
Closed: 10/10/2019

The Cushman & Wakefield Fogler/Nicoluzakis Multifamily Capital Markets Team is pleased to offer CENTERRA, a renovated, 202-unit, garden-style apartment community located near Frank Lloyd Wright Boulevard and Shea Boulevard in North Scottsdale, Arizona, one of the Phoenix area's most exclusive neighborhoods.

Centerra is a gardden-style, two and three story community featuring a mix of one and two bedroom/two bath units with washers and dryers. All 202 units have been completely upgraded with new Whirlpool stainless steel appliances, new cabinets (in kitchens and bathrooms), new flooring, granite countertops (in kitchens) along with new light and plumbing fixtures.

In addition to the unit interiors, the exterior of the property and amenities were updated. Exterior improvements included the addition of a fitness center, updates to the leasing/business center, new roofs and a complete repaint of the community. While Centerra has been updated, there is still value-add potential remaining through targeted upgrades.

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Centerra
202 Units
11100 N. 115th Street
Scottsdale, AZ  85259
Type:  Multifamily
Closed: 10/4/2019

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.71 acre multifamily development site in Phoenix's rapidly transforming Central Corridor. The opportunity consists of ±117,907 square feet of developable land north of the northwest corner of Osborn Road and 4th Avenue.

This rare site is located near the Valley Metro Light Rail, with a station within walking distance of the property at Central Avenue and Osborn Road. Phoenix's urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University's downtown campus and Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions within the Central Corridor.

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4th Ave & Osborn Rd Dev Site
2.71 Acres
3500 North 4th Avenue
Phoenix, AZ  85013
Type:  Land
Closed: 9/30/2019
Located in the heart of Old Town Scottsdale, The Winfield of Scottsdale offers newly renovated one and two bedroom apartments featuring concrete or wood style flooring, stainless steel appliances, glass tile kitchen backsplashes, wrap-around subway tile in bathrooms and private patios. Community amenities include a resort-style swimming pool, a fitness center, grilling stations, a dog park and two scenic courtyards. Old Town Scottsdale provides residents with plenty of shopping, dining and entertainment venues as well as museums, golf courses and parks.
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The Winfield of Scottsdale
95 Units
8021 East Osborn Road
Scottsdale, AZ  85251
Type:  Multifamily
Closed: 9/26/2019

Multifamily development site consisting of 1.527 acres centrally located in the heart of Downtown Phoenix, Arizona in the iconic Roosevelt Row Arts District - one of the most popular neighborhoods not only in Phoenix, but in the nation. This very walkable community is just steps away from art galleries, restaurants, retail shops, bars and entertainment venues forming the Phoenix area’s only true urban, walkable neighborhood. The property’s location is less than a half-mile away from the I-10 freeway and a short walk to the light rail station at Roosevelt Street and Central Avenue.

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3rd & Portland NEC
1.53 Acres
3rd Street & Portland Street
Phoenix, AZ  85004
Type:  Land
Closed: 8/22/2019
Unique opportunity to acquire a long-term ground lease for a multifamily/mixed use development within the Novus Innovation Corridor near Arizona State University in Tempe, Arizona. Novus Innovation Corridor is a 350-acre, mixed use development planned for approximately 10 million square feet along Tempe Town Lake, including State Farm's 2.1-million-square-foot Marina Heights regional office. Novus is a unique opportunity to develop the 21st century urban community on an infill canvas in the center of one of the nation's largest and fastest growing metropolitan areas.
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Parcel 3B - Novus Innovation Corridor
2.4 Acres
767 East 6th Street
Tempe, AZ  85281
Type:  Land
Closed: 7/26/2019

Cushman & Wakefield is pleased to offer JEFFERSON CHANDLER, a brand new 283-unit Class "A", gardenstyle luxury rental community located in Chandler, Arizona near Chandler Fashion Center, with easy access to restaurants, shopping, entertainment and recreation. Jefferson Chandler features a mix of studio, one, two and three bedroom floor plans and superior amenities. Nearby are top-rated schools, medical centers, parks,movie theaters, golf courses, major employers and office parks, and many shopping and dining options. The property’s location is 1 mile away from the Loop 101/Loop 202 freeway interchange, connecting residents to the rest of the Metro Phoenix area.

Completed in 2018 by JPI, a premier national multifamily developer, Jefferson Chandler combines a high quality suburban location with a high level exterior design, a superior amenity package, top-of-the-line interior finishes and excellent floor plans to create a true best-in-class multifamily community.

Residents can take advantage of Jefferson Chandler’s resort-style swimming pool, poolside cabana, outdoor firepit, grilling stations with lounge seating, putting green and ramada, clubhouse with social business hub, game room with billiards, high-tech fitness facility, yoga studio, storage units, off-leash pet park and pet spa. Jefferson Chandler is an elevator-served (4-story building only), gated community with covered parking, available attached/detached garages and open spaces for guest parking.

The extensive amenities offered residents are matched by high level interior finishes provided in each individual residence. Jefferson Chandler’s spacious floor plans feature 9-foot ceilings, designer-inspired interior color schemes, wood-look plank flooring, quartz countertops in kitchens and baths, chef-inspired kitchens with stainless steel appliances, undermount sinks, kitchen backsplashes, washers/dryers and exterior storage space. Select units include dual vanities in bathrooms, walk-in showers, kitchen islands, walk-in closets and private patios/balconies with french doors.

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Jefferson Chandler
283 Units
3950 West Chandler Boulevard
Chandler, AZ  85226
Type:  Multifamily
Closed: 7/9/2019
RIDGE VIEW is a 150-unit, Class "A", garden-style apartment community located on Fountain Hills Boulevard, north of Shea Boulevard, in Fountain Hills, Arizona. 140 of the 150 unit interiors have been recently upgraded as well as a significant portion of the exterior and common areas. Fountain Hills Park, with its famous fountain, is 5 minutes east of the property.
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Ridge View
150 Units
13225 N. Fountain Hills Blvd.
Fountain Hills, AZ  85268
Type:  Multifamily
Closed: 6/14/2019