{"id":1004050456,"date":"2012-10-08T07:35:14","date_gmt":"2012-10-08T15:35:14","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=72707"},"modified":"2022-12-02T13:09:32","modified_gmt":"2022-12-02T21:09:32","slug":"weidner-adds-chandler-complex-to-growing-arizona-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\/","title":{"rendered":"Weidner Adds Chandler Complex to Growing Arizona Portfolio"},"content":{"rendered":"<p>By Camelia Bulea, Associate Editor<\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/bobson-towne-center-phoenix1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-72718\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/bobson-towne-center-phoenix1.jpg\" alt=\"\" width=\"300\" height=\"149\" \/><\/a><\/p>\n<p>In a $27.3 million deal, an affiliate of Weidner Apartment Homes has acquired Dobson Towne Centre, a 240-unit luxury apartment property in Chandler. CBRE Group Inc. represented Weidner in the transaction, which was financed with a $20.7 million Fannie Mae loan.<\/p>\n<p>The property previously traded in 2005, when it was acquired for $23.8 million by Archon Group L.P., an investment management company affiliated with Goldman Sachs &amp; Co., <em>Business Real Estate Weekly of Arizona <\/em>reported.<\/p>\n<p>The 11-year-old gated complex features:<\/p>\n<ul>\n<li>two swimming pools and spas with outdoor Wi-Fi service<\/li>\n<li>a designer clubhouse with a culinary station<\/li>\n<li>a 24-hour fitness facility and business center<\/li>\n<\/ul>\n<p>Units include full-size washers and dryers, fully-appointed kitchens, built-in computer desks and walk-in closets. At the time of the sale, Dobson Towne Centre had an occupancy rate of 93 percent, according to the <em>Phoenix Business Journal<\/em>.<\/p>\n<p>The Chandler property is among the 27 assets and nearly 8,000 units that Kirkland, Wash.-based Weidner has acquired in Arizona since entering the market in March 2010. This month Weidner is scheduled to close on a 256-unit property in Mesa.<\/p>\n<p>All told, 20 of Weidner\u2019s assets in the state are located in the Phoenix metropolitan area; the Tucson market accounts for the remainder. Weidner also owns properties in Washington, Alaska, Colorado, Texas and western Canada.<\/p>\n<p><em>Photo rendering of the Dobson Towne Center apartments, courtesy of www.Rentmint.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a $27.3 million deal, an affiliate of Weidner Apartment Homes has acquired Dobson Towne Centre, a 240-unit luxury apartment property in Chandler. CBRE Group Inc. represented Weidner in the transaction, which was financed with a $20.7 million Fannie Mae loan.<\/p>\n","protected":false},"author":271,"featured_media":1004506363,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1601],"tags":[],"class_list":["post-1004050456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-phoenix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Weidner Adds Chandler Complex to Growing Arizona Portfolio - Commercial Property Executive<\/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.commercialsearch.com\/news\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weidner Adds Chandler Complex to Growing Arizona Portfolio\" \/>\n<meta property=\"og:description\" content=\"In a $27.3 million deal, an affiliate of Weidner Apartment Homes has acquired Dobson Towne Centre, a 240-unit luxury apartment property in Chandler. CBRE Group Inc. represented Weidner in the transaction, which was financed with a $20.7 million Fannie Mae loan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-10-08T15:35:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-02T21:09:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/bobson-towne-center-phoenix1.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Camelia Bulea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/\"},\"author\":{\"name\":\"Camelia Bulea\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/71754b36bc1882cf2fc692fe215d26c7\"},\"headline\":\"Weidner Adds Chandler Complex to Growing Arizona Portfolio\",\"datePublished\":\"2012-10-08T15:35:14+00:00\",\"dateModified\":\"2022-12-02T21:09:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/\"},\"wordCount\":234,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/bobson-towne-center-phoenix1.jpg\",\"articleSection\":[\"News\",\"Phoenix\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/weidner-adds-chandler-complex-to-growing-arizona-portfolio\\\/\",\"name\":\"Weidner Adds Chandler Complex to Growing Arizona Portfolio - 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