PHOENIXHouston-based Domain Acquisitions LLC in partnership with BH Equities LLC of Des Moines (DFA/BH Midtown LLC of Houston) purchased Midtown on Main Apartments, a transit-oriented, class B complex in Mesa for $34.95 million, or $74,047 per unit. The seller was Bay Club Partners LLC of Beaverton, OR. Tthe complex is located at 2121 W. Main St.

The transaction was brokered by the Colliers International of Greater Phoenix Cooke Team, led by Cindy Cooke, senior executive vice president, and Brad Cooke, vice president.

Cindy Cooke tells GlobeSt.com, “There was a lot of upside left in the property. It's in a great location, in an area of upward transition near Banner Health, Mesa Community College, the Cubs stadium and light rail. The property has great floor plans and a huge amenity package with a 10,000-square-foot clubhouse that the buyer will add value to. Everything is ready to go for an update. The seller was looking for certainty of closing and the buyer was able to provide that easily and quickly.”

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