Hendricks & Partners negotiated the sale of Sandbridge, a 300-unit apartment community in Mesa, Ariz.

The value of the transaction was approximately $25 million.

Sandbridge, located at 5332 East Baseline Road, was built in 2002 and is situated within Inverness Commons Business Park.

Sandbridge’s units average 893 square feet and offer class A amenities.

San Diego-based Fairfield Higley Road LP sold the property to Dublin, Ohio-based CTA Ventura No. 15 LLC.

Hendricks & Partners is an advisory firm focused exclusively on the sale of multifamily properties.

***

Send tips, feedback or a letter to the editor to newsroom@inman.com or call (510) 658-9252, ext. 124.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top