Colliers Cooke Team Completes Sales Of Multifamily Complex, Adjacent Office Building in Camelback Corridor
Phoenix, September 1, 2015 – Colliers International in Greater Phoenix recently completed two sales for one buyer, Investment Property Associates (IPA) of Grand Haven, Mich. The buyer purchased the 395-unit Sienna Springs apartment complex for $20.5 million and the adjacent Willowick Square office building for $5.9 million, both in Phoenix.
Both properties are located on the southwest corner of North 16th Street and Colter Street within a mile from the Camelback Corridor. IPA plans to redevelop the sites with high-end multifamily and senior apartments, and possibly some mixed-use components.
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