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3rd Ave Investments acquires Chandler, Ariz., apartment building

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3rd Ave Investments acquires Chandler, Ariz., apartment building

3rd Ave Investments LLC paid roughly $40.1 million to acquire the 188-unit Soleil Apartments in Chandler, Ariz., from Soleil Chandler Apartments LLC.

NorthMarq represented both the seller and the buyer and arranged an approximately $33.3 million NXT loan to help fund the transaction.