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Clear Sky Sells Tatum Place for $26.1 Million

Chicago Firm Enters Phoenix Market with Acquisition of Scottsdale Apartment Complex
The 164-unit Tatum Place apartment complex in Scottsdale, Arizona. Photo: Cushman & Wakefield
The 164-unit Tatum Place apartment complex in Scottsdale, Arizona. Photo: Cushman & Wakefield
By Alex Chriscoe
May 1, 2019 | 1:07 P.M.

Local full service investment firm Clear Sky Capital sold a 164-unit apartment complex in Scottsdale, Arizona, to Chicago-based Rockwell Partners. Tatum Place sold for $26.15 million, or about $159,000 per unit.

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