1
GLENDALE, ARIZ. — San Francisco-based Hamilton Zanze has completed the disposition of Tresa at Arrowhead, a multifamily community in Glendale. TerraCap Management acquired the asset for $82.1 million. Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal. CBRE Debt & Structured arranged financing for the buyer.
Completed in 1998, the low-density garden site plan features two-story buildings offering a total of 360 apartments. The gated community has 107 detached garages, three pool and spa areas, a large resident clubhouse and game room, a fitness center with cardio and weight training equipment, a dog park, barbecue and picnic areas and a dry sauna.