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Sagard Real Estate acquires premier class A property in Arizona
Transactions - OCTOBER 3, 2024

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Sagard Real Estate acquires premier class A property in Arizona

by Denise Moose

Sagard Real Estate, formerly known as EverWest Real Estate Investors, announced the acquisition of a premier class A multifamily property located at 701 W. Rio Salado Parkway in Tempe, Ariz.

The property, built in 2019, consists of 209 units and offers amenities including a full pool deck, rooftop lounge and outdoor courtyards. The property, which spans 3.2 acres, also features 375 parking spaces and is situated less than a mile from downtown Tempe and Arizona State University. Its location provides strong connectivity to key urban centers while offering a high-quality residential experience.

Cushman & Wakefield facilitated the off-market transaction.

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