335-Unit Chandler Multifamily Property Trades for Over $300K/Unit

335-Unit Chandler Multifamily Property Trades for Over $300K/Unit
News| January 27, 2026| Mike Boyd
Phoenix & Southwest + Apartment Buildings

Stockdale Capital Partners acquired Avant at Fashion Center, a 335-unit apartment community at 555 Galleria Way in Chandler. It sold for $109 million, or $307,042. The property was 94% occupied at the time of the transaction. Starlight Capital was the seller. Starlight paid $84 million for the rental asset in 2018.

The property was constructed in 2016 and is situated near Chandler Fashion Center.

Rental prices for the project ranged from $1,444-$4,014. Amenities included a resident Lounge with flat-screen TV and seating, conference room with flat panel TV and printer, clubroom with demonstration kitchen & complimentary coffee bar, fitness center, spin bikes, concept rowers, and hoist motion cage

Stockdale paid the same price for The Quincy at Kierland in October 2024.

Other News

ATCO More Than Doubles Ontario Modular Plant To 185K SF

Canada + Apartment Buildings

ATCO Structures has more than doubled the size of its modular manufacturing plant in Grimsby, expanding production capacity as Canada’s construction industry faces growing pressure to build faster and at lower cost. The company officially opened the expanded facility Thursday, increasing its footprint from 85K SF to 185K SF. Canada’s modular construction market reached $5.5B...

Learn more

Canadian Apartment Rent Growth Hits Lowest Level Since 2020

Canada + Apartment Buildings

Canada’s apartment landlords are still collecting more rent than they were a year ago. But when a tenant moves out, the next one is increasingly paying less. That divide is at the heart of a rental market that has lost much of its pricing power, even as apartment buildings remain largely occupied. Annual rent growth...

Learn more

Major Markets Lead U.S. Investment Sales Recovery

Apartment Buildings

The U.S. investment sales market continued to gain momentum through the third quarter of 2026, recording approximately $389 billion in sales across office, multifamily, industrial, retail and development properties, Avison Young reported. Q3 volume reached $143 billion, the strongest Q3 since 2022. Multifamily continued to account for the largest share of investment dollars, while industrial...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up