Boston-based TA Realty acquired Alta North Central in Phoenix from an entity tracing to Wood Partners for $75 million. The 229-unit, four-story apartment complex includes one building totaling 279,951 square feet.
The asset was built in 2020 and sits on 3.6 acres at 777 E Stella Ln. near the Camelback Corridor in North Phoenix. Alta North Central includes one- and two-bedroom homes, as well as three-bedroom penthouses. The property offers a highly sophisticated living environment including a grand piano with live music and a resident lounge that features a 13-foot media wall.
Other amenities include a resort-style pool with poolside café service, a rooftop terrace, expansive private pet area, entertainment spaces, outdoor green space, sundeck, putting green, demo kitchen, and a 2,300-square-foot fitness center and a yoga studio.
Wood Residential Services was retained by TA Realty to manage Alta North Central.
Dennis Kaiser is Vice President of Content and Public Relations for
Connect Commercial Real Estate. Dennis is a communications
leader with more than 30 years of experience.
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