Search
 

Thomas Bradford Begins Acquiring Assets

PHOENIX—Thomas Bradford Communities has acquired Newport Mesa Apartments at 1620 W. Southern Ave. in Mesa's Fiesta District and is launching an urban repositioning campaign that will bring a fresh, updated feel to the 156-unit property.

By Kristian Seemeyer | Updated on February 08, 2015

PHOENIX—Thomas Bradford Communities has acquired Newport Mesa Apartments at 1620 W. Southern Ave. in Mesa’s Fiesta District and is launching an urban repositioning campaign that will bring a fresh, updated feel to the 156-unit property, which has been renamed Urban Trails @ The District.

Thomas Bradford Communities principal Mitchell Bradford tells GlobeSt.com about the key factors for purchasing the asset: “There is tremendous visibility, great location and frontage surrounded by retail. We also have the ability to reposition this property and give it a more active, urban feel. And we love being near a Starbucks. They really do their research and it’s attractive for walkability—it’s a commentary on a great opportunity for residents.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.