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Apartment Sale Near Phoenix Extends Trend of Big Deals

San Diego-Based MG Properties Buys Complex in Tempe, Arizona, for Over $100 million
Investment firm MG Properties acquired a 324-unit apartment complex in Tempe, Arizona, for about $100.2 million. (MG Properties)
Investment firm MG Properties acquired a 324-unit apartment complex in Tempe, Arizona, for about $100.2 million. (MG Properties)
CoStar News
November 20, 2023 | 7:08 P.M.

A Tempe, Arizona, apartment sale topping $100 million is among the largest in the Phoenix region in the past year amid continued strong investor interest.

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