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PHOENIX – A 355-unit apartment complex in Phoenix has sold to SPL Real Estate & Management Co. for $12.5 million. The community is located at 2912 E. Indian School Road. It was built in 1979. The buyer was represented by Todd Braun and Will Barnard of Lee & Associates. The seller, Bella View Apartments LLC, was represented by Karl Abert of Newmark Grubb Knight Frank.