Tuesday , 24 October 2017
Breaking News

Units Sold for $76 Million

Hendricks & Partners announced the sale of Trillium Pinnacle Peak in Phoenix, AZ. The 724-unit apartment community was sold for $76 million.

Built in 2008, Trillium Pinnacle Peak is a premier luxury apartment property situated in North Phoenix and it consists of 340 one-bedroom, 316 two-bedroom, and 68 three-bedroom units.

The Seller was Pinnacle Peak Apartments, LLC of Tempe, AZ. The Buyer was Weidner Investment Services, Inc., an S-corporation of Kirkland, WA.

The transaction was negotiated by Mark Forrester and Ric Holway of the Phoenix office of Hendricks & Partners on behalf of the Seller.

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