Stockdale Capital Partners Closes $110.25M Multifamily Real Estate Acquisition in Chandler, Arizona
Stockdale Capital Partners has completed the real estate acquisition of Avant at Fashion Center, a 335-unit Class A multifamily community in Chandler, Arizona, for $110.25 million, the firm announced January 23, 2026.
Strategic Multifamily Real Estate Acquisition in High-Employment Corridor
The property is located at 555 South Galleria Way in Chandler's Price Road Corridor, one of the Phoenix metropolitan area's top employment hubs. According to the City of Chandler, the corridor accounts for 749 businesses and more than 42,000 jobs. The location provides access to retail amenities, including Chandler Fashion Center, located one block away.
With immediate access to the interchange of Loop 202 and Loop 101, residents benefit from convenient access to key employment centers throughout the East Valley, including Tempe, Scottsdale, Chandler, and downtown Phoenix.
"Chandler is one of the strongest employment markets in Arizona while also offering a high quality of life for its residents," said Samuel Palmer, Managing Director at Stockdale Capital Partners, who leads the company's multifamily platform alongside Managing Director Chase Jensen. "Strategic, modest upgrades will allow us to position the asset competitively against newer, more expensive properties in the area and capitalize on current market demand."
Property Details and Value-Add Strategy
Built in 2017 on an 11.4-acre site, Avant at Fashion Center features a mix of studio, one-bedroom, and two-bedroom units housed in seven three- and four-story buildings. The $110.25 million purchase price equates to approximately $329,104 per unit.
The units offer luxury finishes including vaulted ceilings, designer baseboards, French door refrigerators with water and ice dispensers, dark wood cabinetry, and in-unit washers and dryers. Community amenities include a large swimming pool with an expansive deck featuring poolside loungers and cabanas, covered social areas, stainless steel barbecue grilling stations, a resident lounge, and a two-story fitness center.
Stockdale Capital Partners plans to implement strategic, modest upgrades to position the property competitively against newer, more expensive properties in the area and capitalize on current market demand.
Market Dynamics Driving Real Estate Acquisition Activity
"This area is experiencing a rapid supply cutoff," added Chase Jensen, Managing Director at Stockdale Capital Partners.
IPA's Steve Gebing and Cliff David marketed the property for sale on behalf of the seller.