Country Brook Country Brook is a 396-unit low-density asset located at 4909 W. Joshua Blvd.

CHANDLER, AZ—Country Brook, a 396-unit class-A apartment community, was built in three separate phases in 1986, 1993 and 1996. The Bascom Group of Irvine, CA acquired the multifamily asset in 2013. Extensive exterior renovations and repairs were completed by Bascom, including the balconies, landings, roofs, exterior painting, resurfaced parking lots, upgraded leasing center, new gas barbecues, pool enhancements and a fitness center remodel.

As its first acquisition in metro Phoenix in five years, Standard Portfolios LLC, a private investment company out of Arcadia, CA, purchased the asset for an undisclosed price. The seller was BAZV Country Brook LLC of Scottsdale, AZ, a company formed by The Bascom Group. Current occupancy is 95%.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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