Real Estate

Glendale apartment complex sells for $56.1M

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A private Arizona-based buyer purchased a Glendale apartment complex for $56.1 million.

CBRE, a commercial real estate services and investment firm, represented the seller, represented the seller, AZ Solano Vista, LLC, in the sale of Solano Vista, a 352-unit apartment community at 7102 N. 43rd Ave.

Solano Vista is a two-story, garden-style community featuring studio, one- and two-bedroom units. Built in 1974, nearly half of the units have been upgraded. Property amenities include a recently remodeled clubhouse and gym, dog park, four swimming pools, a playground, laundry facilities, barbeques, covered parking and secured gate access.

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