Real Estate Central

- 35 Two
- and Three-Bedroom Townhomes Will Be Auctioned By Accelerated Marketing
Partners at The Quarter, The Anchor Residential Component Of Westgate City
Center -

GLENDALE, Ariz., May 13 /PRNewswire/ — Accelerated Marketing Partners
will conduct Trammell Crow Residential’s first-ever real estate auction for
The Quarter, a new luxury development that is the anchor residential
component of Westgate City Center in Glendale, Ariz. The auction will take
place on Sat., June 7 at 7:00 p.m. at the JW Marriott at Desert Ridge,
located at 5350 East Marriott Dr., Phoenix, Ariz. Minimum bids for the 35
two- and three-bedroom three-story townhouses available at auction will
start at $195,000, which is approximately 35 percent below the highest
previous asking price.

The $1.5 billion development with 6.5 million square feet of
commercial, retail, hotel and residential space has been dubbed the “Times
Square of the west.” Situated in the West Valley of metropolitan Phoenix,
Westgate City Center offers residents of The Quarter, as well as a
projected 22 million annual visitors, access to NFL and NHL games at two
arenas, an AMC Westgate 20 Theatre, and restaurants like Bar Louie and Fox
Sports Grill.

“This is an unprecedented opportunity for buyers to purchase an
exceptional primary or secondary townhome by the nation’s premier developer
at unbelievable prices Phoenix hasn’t seen in years,” said Ken Stevens,
co-founder and west cost CEO of Accelerated Marketing Partners. “This is
the first time in this area that buyers have the opportunity to purchase
homes at auction from a single luxury development, as previous auctions
featured homes from various developments.”

The community features elegant three-story townhomes with open,
loft-like spaces and Art Deco design elements. The townhomes boast
additional features such as street-front patios and decks to enjoy outdoor
gatherings and visit with neighbors. The 32 two-bedroom residences
available at auction range in size from approximately 1,439 sq. ft. to
1,716 sq. ft., with minimum selling prices beginning at $195,000.
Additionally, the three three-bedroom residences available for auction are
approximately 1,997 sq. ft., with minimum selling prices of

65,000.
Two-bedroom townhomes had previous asking prices of up to $485,321, and
three-bedroom townhomes had previous asking prices of up to $552,520.

The Quarter at Westgate City Center was designed to be a true
interactive community, with amenities including two resort-style swimming
pools and heated spas, shaded ramadas with natural gas grills and a
state-of-the-art fitness center. An exclusive clubhouse for residents
features a full-service kitchen, custom-designed indoor/outdoor fireplace,
WiFi access, and a four-panel flat-screen TV wall.

“The Quarter is located in Glendale’s new urban core, Westgate City
Center, which offers residents direct access to major sporting events,
entertainment, restaurants and shops,” said Bruce Hart, senior managing
director of Trammell Crow Residential. “We are very pleased to be working
with Accelerated Marketing Partners, the premier auction marketing company
in the country, to create this unique opportunity to buy in a proven
community.”

The auction information center and model residences are open for
viewing at The Quarter, which is located at 6605 North 93rd Ave., Glendale,
Ariz. Advance registration for the auction is required, and interested
parties can obtain additional information at by calling (888) 564-0444 or
visiting http://www.auctionthequarter.com.

Trammell Crow Residential

Established in 1977, Trammell Crow Residential is the nation’s premier
multi-family real estate firm. Since its inception, Trammell Crow
Residential has developed over 200,000 multi-family units in major markets
across the U.S., and has established itself as the country’s leader of
multi-family residential developers with its ongoing broad base of
multi-family industry research, financial strength, and local market
knowledge.

Accelerated Marketing Partners

Accelerated Marketing Partners, a full-service residential real estate
firm with offices in Boston, San Francisco and Irvine, Calif., specializes
in the development and implementation of both accelerated and conventional
marketing and sales programs. The company has brought together the
industry’s most seasoned professionals with decades of experience providing
strategic marketing solutions for residential real estate developments
nationwide. Accelerated Marketing Partners offers comprehensive integrated
services including detailed marketing analysis, management of on-site sales
initiatives and accelerated marketing campaign development and
implementation. For more information, please visit http://www.acceleratedmp.com.



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Source: Real Estate Newswire