{"id":1004080158,"date":"2013-07-14T15:53:50","date_gmt":"2013-07-14T23:53:50","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=146409"},"modified":"2022-03-03T06:36:21","modified_gmt":"2022-03-03T14:36:21","slug":"alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\/","title":{"rendered":"Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Amalia Otet, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">In a $37.5 million deal, Phoenix-based Alliance Residential Co. has acquired Villa Pallavicini, a 290-unit high-end rental<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Villa-Pallavicini-pool.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-146412 alignright\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Villa-Pallavicini-pool.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a> apartment community located about two miles north of Chandler&#8217;s Price Corridor. The sales price equates to $129,310 per unit.<\/p>\n<p style=\"text-align: justify\">The seller, Gardner Real Estate Co., was represented by Steve Gebing and Cliff David, both vice presidents in Marcus &amp; Millichap Real Estate Investment Services Inc.\u2019s Phoenix office. The deal reflects the continuing appeal to investors of Price Corridor, the high-tech and financial services hub located less than two miles south of the property.<\/p>\n<p style=\"text-align: justify\">Developed by Gardner in 2005,\u00a0 Villa Pallavicini has a design inspired by the Palazzo Pallavicini Rospigliosi in Rome. The 16.9 acre-property boasts such distinctive features as grape vineyards, open-air fountains and cobblestone pathways with overhead trellises.<\/p>\n<p style=\"text-align: justify\">Located at 635 South Ellis St., Villa Pallavicini offers one-, two-, and three-bedroom units with fully equipped kitchens and breakfast bars, nine-foot ceilings, rounded archways, garden <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Grape-wine-at-Villa-Pallavicini.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-146411 alignleft\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Grape-wine-at-Villa-Pallavicini.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a>tubs and full-sized washers and dryers.<\/p>\n<p style=\"text-align: justify\">Community amenities include two resort-style swimming pools and spas, a stand-alone fitness center, bocce ball court, gated entry, garage parking, a clubhouse with a pizza oven and wine cellar, and state-of-the-art audiovisual and wireless communications.<\/p>\n<p style=\"text-align: justify\">Among companies with offices in Price Corridor are Intel, eBay, PayPal, Orbital Sciences, Amkor Technology, Isagenix, Freescale Semiconductor, Microchip Technology, Motorola, Bank of America, Wells Fargo, Toyota Financial Services and AmeriCredit.<\/p>\n<p><em>Photo credits: <\/em><a title=\"Villa Pallavicini official website\" href=\"https:\/\/www.villapallaviciniapts.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><em>Villa Pallavicini official website<\/em><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a $37.5 million deal, Phoenix-based Alliance Residential Co. has acquired Villa Pallavicini, a 290-unit high-end rental apartment community located about two miles north of Chandler&#8217;s Price Corridor. The sales price equates to $129,310 per unit.<\/p>\n","protected":false},"author":39,"featured_media":0,"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":[39459],"class_list":["post-1004080158","post","type-post","status-publish","format-standard","hentry","category-latest","category-phoenix","tag-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>Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M - 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\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M\" \/>\n<meta property=\"og:description\" content=\"In a $37.5 million deal, Phoenix-based Alliance Residential Co. has acquired Villa Pallavicini, a 290-unit high-end rental apartment community located about two miles north of Chandler&#039;s Price Corridor. The sales price equates to $129,310 per unit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\/\" \/>\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=\"2013-07-14T23:53:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T14:36:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Villa-Pallavicini-pool.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\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\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M\",\"datePublished\":\"2013-07-14T23:53:50+00:00\",\"dateModified\":\"2022-03-03T14:36:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Villa-Pallavicini-pool.jpg\",\"keywords\":[\"Phoenix\"],\"articleSection\":[\"News\",\"Phoenix\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/alliance-residential-grabs-high-end-chandler-m-f-asset-for-37-5m\\\/\",\"name\":\"Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M - 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