CBRE has arranged the sale of The Tyler, a 320-unit multifamily community in Gilbert, Arizona. A CBRE team led by Asher Gunter, Matt Pesch and Austin Groen represented the seller, StreetLights Residential, in the transaction. The buyer, Camden Property Trust, acquired the apartment community as part of its national multifamily portfolio. Specific financial details of the sale were not disclosed.
The Tyler is a large-scale residential community offering a mix of studio, one-, two- and three-bedroom apartments. The property is positioned as an amenity-rich environment, with residents having access to a pool with cabanas, a spa and an outdoor fireplace. The community also features a greenhouse-style coworking space and an on-site conference room designed to support remote work and resident collaboration.
Additional amenities at The Tyler include a demonstration kitchen that can be used for events or resident programming, and an outdoor entertainment paseo equipped with grilling stations and media lounges. The property also provides a fitness center for residents, along with electric vehicle charging stations, bike storage and a pet wash station. These features are intended to support a broad range of resident needs within the community.
The apartment community is located within Agritopia’s Epicenter district in Gilbert. This district offers walkable access to more than 20 local retailers and restaurants, as well as community gathering spaces and events. The setting links residents to a mix of dining, shopping and social activity within a compact, pedestrian-friendly environment.
Camden Property Trust, the buyer in the transaction, owns and operates 176 properties totaling approximately 60,000 apartment homes across the United States. The acquisition of The Tyler adds to Camden’s existing national footprint in the multifamily sector. StreetLights Residential, the seller, was founded in 2011 and is headquartered in Dallas. The company focuses on the development of urban multifamily and mixed-use communities and has been recognized as one of the largest multifamily developers in the United States.
The transaction highlights ongoing activity in the suburban multifamily segment, with an institutional buyer adding a sizable, amenitized community in a walkable district to its portfolio. While transaction terms were not provided, the deal underscores the engagement of both national developers and large multifamily owners in markets such as Gilbert.
