Monday, April 6, 2015

More Phoenix-Area Apartments Acquired by 29th Street Capital


Village Green Apartments, 1045 S. San Jose Street
 Fiesta District, Mesa, AZ

Dusty Eddy
Phoenix, AZ (April 6, 2015) – 29th Street Capital (29SC) acquired two more multifamily communities in Phoenix, Arizona’s thriving East Valley region in March. The firm acquired Williams Landing Apartments, a 72-unit multifamily community on March 25. Village Green Apartments, a 108-unit multifamily community, entered the portfolio March 31.

The firm plans significant upgrades at the communities, which are near major roads that provide access to the many healthcare, technology, aerospace and tourism employers across the East Valley.

Both are near airports – Phoenix Sky Harbor International for Village Green, and Phoenix-Mesa Gateway for Williams Landing – allowing easy air travel options.

“With new economic activity and job opportunities throughout the East Valley, 29SC believes the Phoenix metro area is poised for continued growth,” said Dusty Eddy, 29SC’s Vice President of Acquisitions.

Williams Landing Apartments,
 Near Phoenix-Mesa Gateway Airport

 “Developments such as Eastmark speak well for the Gilbert area, and the tech and education sectors are strong in the south Tempe/Mesa area. 

"We hope that strategic improvements and proactive management at the newly-acquired communities will attract long-term residents seeking moderately-priced quality apartments in this booming area.”

For a complete copy of the company’s news release, please contact:

Terri Thornton
Thornton Communications
p:404-932-4347 |

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