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Phoenix & Southwest   /   October 23, 2020

Dennis Kaiser
By: Dennis Kaiser

TA Realty Cuts $75M Deal with Wood Partners for North Central PHX MF

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.

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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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