September 19, 2019
Developer Fore Property Co. disposed of Summerly at Zanjero, a 340-unit, Class A multifamily property in Glendale, AZ. The brand-new asset at 7375 N. Zanjero Blvd. sold to a local buyer for $78.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch represented the seller.
“Summerly at Zanjero is the newest Class A community delivered in the West Valley,” Anderson said. “The community generated significant interest from investors looking to acquire a Class A asset in one of the top-performing markets in the nation.”
The new property offers one-, two- and three-bedroom units. Amenities include resort-style pools with spas and cabanas, a fitness center and resident clubhouse with resort finishes.
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