Institutional Property Advisors Brokers Sale of Courtyard Towers in Mesa, Arizona
MESA, ARIZ. — Institutional Property Advisors, a division of Marcus & Millichap, has brokered the sale of Courtyard Towers, a 13-story residential tower in Mesa. Cliff David and Steve Gebing represented the seller and procured the buyer.
- Soltrust Robson purchased the asset from Okland Capital for an undisclosed price.
- The transaction was financed by Blueprint Capital Income REIT.
The high-rise community currently offers 169 units.
- The buyer plans to renovate the community with updates to the unit finishes and amenities.
- After the renovation, the property will become a 176-unit community as a function of Downtown Mesa’s Form-Based Code land regulations, which changes the property zoning from Commercial Downtown to Transect 5-Main Street Flex..
Forge Tower
Apartment complex in Mesa, Arizona
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Forge Tower: Where Potential Amplifies
Calling all innovators, makers, creatives, and urbanites: Forge Tower is arriving in Mesa, Arizona. As early as fall 2024, you can forge your way into a brand-new lifestyle built for every one of your hobbies, passions, and projects no matter how big or small.
Our newly constructed, high-rise community delivers cutting-edge amenities and exquisite apartment homes in a coveted neighborhood location near Hohokam Stadium and the Mesa Arts Center. Pre-lease a pet-friendly studio, one, or two bedroom space, and get ready to unlock a new level of your lifestyle’s potential.
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