320-Unit Gilbert Apartment Community Trades to Camden
CBRE arranged the sale of The Tyler, a 320-unit multifamily community in Gilbert, Arizona. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, StreetLights Residential. Camden Property Trust acquired the property.
The Tyler offers studio, one-, two- and three-bedroom floor plans. Community amenities include a pool with cabanas, spa and fireplace, a greenhouse-style coworking space and conference room, a demonstration kitchen, an outdoor entertainment paseo with grilling stations and media lounges, a fitness center, electric vehicle charging stations, bike storage, and a pet wash station.
The property is located within Agritopia’s Epicenter district, which offers walkable access to more than 20 local retailers and restaurants, as well as community gathering spaces and events.
Camden owns and operates 176 properties totaling approximately 60,000 apartment homes across the United States.
StreetLights Residential, founded in 2011 and headquartered in Dallas, is a developer of urban multifamily and mixed-use communities. The company has been recognized as one of the largest multifamily developers in the United States.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout