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Deal Tracker: Office and Multifamily

PHOENIX—In this edition of Deal-Tracker, Cushman & Wakefield of Arizona, Inc. completes the nearly $5 million sale of the Glendale Shadows Apartments, 5902 W. Royal Palm Rd. The apartment building was constructed in 1975 and contains 138 units totaling 95,765 square feet.

By Kristian Seemeyer | Updated on January 22, 2015

PHOENIX—In this edition of Deal-Tracker, Cushman & Wakefield of Arizona, Inc. completes the nearly $5 million sale of the Glendale Shadows Apartments, 5902 W. Royal Palm Rd. The apartment building was constructed in 1975 and contains 138 units totaling 95,765 square feet.  The property, which includes nine buildings, currently boasts 93% occupancy. 

Terra Vista Investments USA of Vancouver purchased the property from the Monterey Group of Phoenix. 

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