Weidner Investment Services Snags La Palma Apartments for $30M
Stay ahead of Phoenix CRE-news with GlobeSt.com's Phoenix Alert. Update your current subscription today!
PHOENIX-Weidner Investment Services has picked up its 28th apartment project in Arizona for $30.1 million. The Seattle-based company purchased the apartment project, called La Palma, in north Phoenix from LAP La Palma Apartments Phoenix LP, a trade name controlled by Newport Beach, California-based WLA Investments entities.
The multifamily property, constructed in 1984, includes 548 apartment units, two clubhouses, multiple sports courts and four swimming pools, and is situated at Bell Road and 3rd Avenue. For the full story, go to Phoenix Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.