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Optima and Ascentris to sell condominiums in Arizona
Transactions - SEPTEMBER 13, 2021

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Optima and Ascentris to sell condominiums in Arizona

by Released

Optima and Ascentris has sold the final condominium unit at 7180 Optima Kierland.

Optima Kierland III was the third phase of a five-phase residential development master-planned by Optima, consisting of three apartment towers and two condominium towers. The first phase, 7160 Optima Kierland (Optima Kierland I), a 150-unit luxury apartment property, was developed by Optima and Ascentris in 2017. The building later achieved the highest effective rents in the Phoenix metropolitan area in 2019. 7120 Optima Kierland (Optima Kierland II), a 220-unit luxury condominium tower, was delivered by Optima and Ascentris at the beginning of 2018; the building was 80 percent presold prior to delivery and sold out in March 2019. Optima Kierland III, a 205-unit luxury condominium tower, was delivered by Optima and Ascentris at the beginning of 2021; the building was 94 percent presold prior to delivery and sold out in August 2021.

Optima Kierland represents the epitome of luxury living i

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