{"id":1004127872,"date":"2015-09-21T05:52:42","date_gmt":"2015-09-21T13:52:42","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=361429"},"modified":"2022-12-07T23:02:10","modified_gmt":"2022-12-08T07:02:10","slug":"chandler-apartment-community-lands-new-owner","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/chandler-apartment-community-lands-new-owner\/","title":{"rendered":"Chandler Apartment Community Lands New Owner"},"content":{"rendered":"<p><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<p>A $28.7 million apartment community in Chandler, Ariz. has found a new owner under the brokerage of <a href=\"https:\/\/www.cushmanwakefield.com\/\"><strong>Cushman &amp; Wakefield<\/strong><\/a>.<\/p>\n<p>Dubbed <strong>Elevation Chandler<\/strong>, the apartment community is located within the East Valley area of metro Phoenix at\u00a02300 West Pecos Road . It was developed by <a href=\"https:\/\/veduraresidential.com\/elevationflagstaff\/\"><strong>Vedura Residential<\/strong><\/a>, and was acquired \u00a0by <a href=\"https:\/\/www.olympusproperty.com\/\"><strong>Olympus Property<\/strong> <\/a>of Fort Worth, Texas for $176,074 per unit.<\/p>\n<div id=\"attachment_361430\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Elevation-Chandler.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-361430\" title=\"Elevation Chandler\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Elevation-Chandler.jpg\" alt=\"Elevation Chandler\" width=\"300\" height=\"199\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Elevation Chandler<\/p>\n<\/div>\n<p>The deal was handled by C&amp;W&#8217;s team of <strong>David Fogler<\/strong> and <strong>Steven Nicoluzakis<\/strong>, both executive managing directors . \u201cThis asset attracted strong buyer attention because of its proximity to Chandler Fashion Center and the Price Road Corridor, which is home to some of the biggest employers in the Phoenix area,\u201d Fogler said in a prepared statement.<\/p>\n<p>The 163-unit apartment community offers one- and two-bedroom units with amenities such as granite countertops, European-style cabinets, above standard ceiling heights, and dual-pane glass. Additionally, residents have access to an open-air clubhouse, swimming pool, outdoor kitchen, and a fitness center.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield has found a new owner for a recently built apartment community in Chandler, Ariz.<\/p>\n","protected":false},"author":1158,"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":[682],"class_list":["post-1004127872","post","type-post","status-publish","format-standard","hentry","category-latest","category-phoenix","tag-news"],"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>Chandler Apartment Community Lands New Owner - 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\/chandler-apartment-community-lands-new-owner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chandler Apartment Community Lands New Owner\" \/>\n<meta property=\"og:description\" content=\"Cushman &amp; Wakefield has found a new owner for a recently built apartment community in Chandler, Ariz.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/chandler-apartment-community-lands-new-owner\/\" \/>\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=\"2015-09-21T13:52:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T07:02:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Elevation-Chandler.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\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\\\/chandler-apartment-community-lands-new-owner\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Chandler Apartment Community Lands New Owner\",\"datePublished\":\"2015-09-21T13:52:42+00:00\",\"dateModified\":\"2022-12-08T07:02:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/Elevation-Chandler.jpg\",\"keywords\":[\"News\"],\"articleSection\":[\"News\",\"Phoenix\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/chandler-apartment-community-lands-new-owner\\\/\",\"name\":\"Chandler Apartment Community Lands New Owner - 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