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Marcus & Millichap's Institutional Property Advisors Announces Sale Of Zaterra For $137.5M

Benzinga·05/19/2025 17:49:20
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Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company's institutional clients, announced today the sale of Zaterra, a 392-unit multifamily property in Chandler, Arizona. The asset traded for $137.5 million, or $350,765 per unit.