23
Feb
Starlight Picks Up Broadstone Fashion Center in Chandler for $84 Million
Toronto-based investment shop Starlight Investments has acquired a new Phoenix-area rental complex.
Broadstone Fashion Center is a 335-unit low-rise property at 555 South Galleria Way, in Chandler, AZ. Phoenix developer Alliance Residential teamed up with AIG to develop the complex, which delivered in January of last year.
Starlight’s U.S. Multifamily arm paid $84 million for the property, or slightly more than $250,000 per unit. The company…
Source: Costar News
