COLLIERS INTL. BROKERS $1.55 MILLION MULTIFAMILY ACQUISITION

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GLENDALE, ARIZ. — The 66-unit Desert Crest, a multifamily property located at 6141 North 59th Ave. in Glendale, has sold for approximately $1.551 million. Built in 1985, Desert Crest consists of 54,720 square feet on about 2.46 acres. Colliers International’s Bill Hahn, Jeff Sherman and Trevor Koskovich represented the buyer, Scottsdale, Ariz.-based DMG Property Holdings LLC, in the transaction; JP Morgan Chase bank, the seller, represented itself.

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