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Phoenix Apartments Snag Top Price Before Completion

Complex That Is Part of Mall Redevelopment Sells For More Than $180 Million
The apartment property known as The Blake is under construction as part of a larger mixed-use redevelopment of the former Paradise Valley Mall in Phoenix. (CoStar)
The apartment property known as The Blake is under construction as part of a larger mixed-use redevelopment of the former Paradise Valley Mall in Phoenix. (CoStar)
CoStar News
July 8, 2024 | 6:05 P.M.

A Phoenix apartment complex sold for about $183 million before its construction was completed, in one of the region’s largest multifamily deals of the past year by total price.

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