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Decron Pays $128 Million To Buy Eighth Greater Phoenix Apartment Complex

Canada-Based Seller Parts With Complex for Three Times Its 2016 Purchase Price
The Tamarron Apartments complex, built in 2006, was recently acquired. (Decron Properties)
The Tamarron Apartments complex, built in 2006, was recently acquired. (Decron Properties)

Los Angeles investment firm Decron Properties bought a 328-unit apartment complex for $128 million, its eighth multifamily purchase in greater Phoenix in the past year and first in the city's booming West Valley.

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