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244-Unit Mesa apartment building acquired by The Souferian Group

Posted 8/20/21

The Souferian Group, a Los Angeles-based real estate investment and development firm, recently announced the acquisition and reimagination plans of a 244-unit residential project in …

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Business

244-Unit Mesa apartment building acquired by The Souferian Group

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The Souferian Group, a Los Angeles-based real estate investment and development firm, recently announced the acquisition and reimagination plans of a 244-unit residential project in Mesa.

Currently known as Alantra Apartments, the multi-million-dollar upgrade plans for 510 S. Extension Road include rebranding the project to “Be Mesa by The Souferian Group,” a holistic rental community committed to wellness and fun in equal measure, according to a release.

“Adding to our successful track record with our most recent property ‘Be DTLA by The Souferian Group,’ one of the largest apartment communities in Los Angeles, I’m thrilled to bring our innovative brand to Arizona as part of our larger national growth expansion,” Behzad Souferian, founder and CEO of The Souferian Group, said in the release. “Be Mesa will offer local residents a unique, value driven apartment community unlike anything else in the market.”

Interior and exterior upgrades will begin this summer and include updating the facade into more of a Santa Barbara-inspired Spanish aesthetic and integrating a host of on property amenities and programming related to wellness and common spaces that encourage fun and socialization, the release states.

Be Mesa will offer one- and two-bedroom apartments ranging from 750 to more than 1,000 square feet starting at $1,300, as well as a comprehensive Be Benefits tenant program that will provide residents insider access and elite perks from a variety of businesses, the release states.

“Arizona is a great market, and our goal is to deliver a community that enhances the area's rich history as we continue our expansion plans,” Souferian said in the release. “The Be Brand delivers the next generation of apartment communities with demand for healthy, resilient apartment living where the focus is on creating inspiring spaces and functional environments for residents to Be Well and Be Valued.”

Go to TheSouferianGroup.com or follow on Instagram @bebytsg.