The Cambria Hotel Phoenix Chandler Fashion Center, a 136-key property located at 3165 West Frye Road in Chandler, AZ, has been sold for $21.5 million. The sale was facilitated by CBRE, with Hana Friedman, Jennifer Bergamo, and Ron Danko serving as the brokers for the transaction.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $21,500,000
• Address: 3165 West Frye Road, Chandler, AZ
• Market: Chandler, AZ

In addition to the brokers from CBRE, Kingsbury Hospitality REIT I, Inc acquired the property from Concord Hospitality Enterprises. CBRE's Dylan Brandt and Michael Straw acted as the mortgage brokers in the deal. The Cambria Hotel Phoenix Chandler Fashion Center features 136 keys and has a price per key (PPK) of $158,088.

CBRE's involvement in the transaction highlights their role in facilitating the $21.5 million sale of the Cambria Hotel Phoenix Chandler Fashion Center. The successful completion of the deal demonstrates the expertise and market knowledge of the brokers involved.