{"id":459916,"date":"2021-03-17T11:34:04","date_gmt":"2021-03-17T15:34:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459916"},"modified":"2021-03-17T11:34:04","modified_gmt":"2021-03-17T15:34:04","slug":"cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\/","title":{"rendered":"Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona<\/b><\/p>\n<p>FLAGSTAFF, Ariz.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCushman &amp; Wakefield (NYSE: CWK) announced the firm has brokered the sale of Village at Aspen Place, a 222-unit Class A, mixed-use luxury multifamily community located within a premier lifestyle center in Flagstaff, Arizona. An entity formed by Orange County, California-based NNC Apartment Ventures, LLC acquired the Village at Aspen Place community for $64.5 million. The seller was an entity formed by Kansas City, Missouri-based VanTrust Real Estate, LLC.\n<\/p>\n<p>\nDavid Fogler and Steven Nicoluzakis with Cushman &amp; Wakefield\u2019s Multifamily Advisory Group in Phoenix represented the seller in the transaction.\n<\/p>\n<p>\n\u201cThe buyer was attracted by the opportunity to acquire one of the finest apartment communities in the Flagstaff submarket,\u201d said Fogler, Executive Managing Director. \u201cVillage at Aspen Place\u2019s unit interiors feature high quality finishes while its amenities are best in class. Additionally, the surrounding property features some of the finest shopping, restaurants and service businesses Flagstaff has to offer.\u201d\n<\/p>\n<p>\nVillage at Aspen Place was completed in 2015 and features a mix of studio, one-bedroom and two-bedroom floor plans. The community features ground floor retail, an attached parking garage and has elevator service to each floor.\n<\/p>\n<p>\nLocated at 601 East Piccadilly Dr., Village at Aspen Place is conveniently located to nearby shopping, dining and entertainment venues as well as Flagstaff\u2019s historic downtown area and Northern Arizona University.\n<\/p>\n<p><b>About Cushman &amp; Wakefield<\/b><\/p>\n<p>\nCushman &amp; Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman &amp; Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cushmanwakefield.com%2F&amp;esheet=52397424&amp;newsitemid=20210317005628&amp;lan=en-US&amp;anchor=www.cushmanwakefield.com&amp;index=1&amp;md5=0d97c59dd0818d29a27d00dcf9a31fb4\">www.cushmanwakefield.com<\/a> or follow <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCushWake&amp;esheet=52397424&amp;newsitemid=20210317005628&amp;lan=en-US&amp;anchor=%40CushWake&amp;index=2&amp;md5=25300f8e4597531d0361bad4e2201354\">@CushWake<\/a> on Twitter.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210317005628r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210317005628\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210317005628\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/><b>Joshua Deale<br \/>\n<\/b><br \/><span style=\"font-weight:normal\">Cushman &amp; Wakefield<br \/>\n<\/span><br \/>Communications Manager, West Region<br \/>\n<br \/>Mobile: +1 415 677 0423<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:joshua.deale@cushwake.com\">joshua.deale@cushwake.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Illinois Arizona<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Construction &amp; Property Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210317005628\/en\/669112\/3\/CW_Logo_Color_%28002%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona FLAGSTAFF, Ariz.&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK) announced the firm has brokered the sale of Village at Aspen Place, a 222-unit Class A, mixed-use luxury multifamily community located within a premier lifestyle center in Flagstaff, Arizona. An entity formed by Orange County, California-based NNC Apartment Ventures, LLC acquired the Village at Aspen Place community for $64.5 million. The seller was an entity formed by Kansas City, Missouri-based VanTrust Real Estate, LLC. David Fogler and Steven Nicoluzakis with Cushman &amp; Wakefield\u2019s Multifamily Advisory Group in Phoenix represented the seller in the transaction. \u201cThe buyer was attracted by the opportunity to acquire one of the finest apartment communities in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-459916","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona FLAGSTAFF, Ariz.&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK) announced the firm has brokered the sale of Village at Aspen Place, a 222-unit Class A, mixed-use luxury multifamily community located within a premier lifestyle center in Flagstaff, Arizona. An entity formed by Orange County, California-based NNC Apartment Ventures, LLC acquired the Village at Aspen Place community for $64.5 million. The seller was an entity formed by Kansas City, Missouri-based VanTrust Real Estate, LLC. David Fogler and Steven Nicoluzakis with Cushman &amp; Wakefield\u2019s Multifamily Advisory Group in Phoenix represented the seller in the transaction. \u201cThe buyer was attracted by the opportunity to acquire one of the finest apartment communities in &hellip; Continue reading &quot;Cushman &amp; Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-17T15:34:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210317005628r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cushman-wakefield-brokers-64-5m-sale-of-luxury-multifamily-community-in-arizona\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cushman &amp; 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