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Wood Partners Sells Gilbert Apartments for $81.6M

Wood Partners sold the Alta Rise apartments in Gilbert to DWS Group for $81.6 million. DWS paid $293,525.18 per unit. The Phoenix Business Journal reports Wood developed the property, which was delive

NNN Triple Net Staff1 min read

Wood Partners sold the Alta Rise apartments in Gilbert to DWS Group for $81.6 million. DWS paid $293,525.18 per unit. The Phoenix Business Journal reports Wood developed the property, which was delivered in 2025. IPA’s Steve Gebing and Cliff David represented Wood Partners and procured the buyer for the transaction. Built on 9.44 acres at...

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