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Colony Realty Buys Pillar at Desert View for $60M

Pillar Communities Sells 412-Unit Apt. Complex in Scottsdale
By Robert Baker
January 31, 2008 | 2:52 P.M.

Boston-based Colony Realty Partners LLC acquired the 412-unit Pillar at Desert View Apartments for $59.9 million, or approximately $145,388 per unit. The seller was Seattle-based Pillar Communities.

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