Weekly Land Closing Update through December 28, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
S/SEC I-10 & 107th Ave
Avondale
24.89 Industrial 5,400,000
216,954
4.98 12/24 Eisenberg Company
E/SEC Dysart Rd & Van Buren St  Avondale
66.65 Residential 6,312,175
94,706
2.17 12/24 Planned for 190 conventional single family lots. 
Mattamy Homes
N/NWC SR-101 & Bethany Home Rd
Glendale
3.07 Commercial 1,975,077
643,347
14.77 12/24
Sheila S Woodward


NWC Crismon Rd & US 60
Mesa
1.20 Commercial 808,100
673.416
15.46 12/24 Planned for 6,500 SF retail building
Andrew L Kroot

NEC Cotton Ln & MC-85
Goodyear
68.12 Industrial 13,354,124
196,038
4.50 12/24 Philip E Donaldson
S/SEC Ellsworth & Ray Rds   Mesa
9.84 Residential 4,000,000
406,504

12/24 Strategic Capital Management
NWC Pima & Thomas Rds
Scottsdale
1.65 Industrial 850,000
515,151
11.83 12/26 Simon Commercial Real Estate
NWC Hardy Dr & Elliott Rd  Tempe,
5.90 Commercial

4,725,000
800,847
18.38 12/26 Proposed for demolition of the existing buildings to allow construction of "At Home," a new 88,089 SF furniture retail store. 260 parking spaces.
At Home Stores
SWC Loop 303 & Bell Rd
Surprise
5.90 Commercial 3,755,743
636,566
14.61 12/26  Proposed for 32,425 SF micro hospital
Pinecroft Realty
SEC Bell Rd & Loop 303
Surprise
4.12 Commercial 3,344,713
811,823
18.64 12/26  Proposed for One 34,000 SF LA fitness club 
AVG Partners
SWC Recker & Thomas Rds   Mesa,
26.80 Residential 4,050,000
151,119
3.47 12/27  Proposed for "Villas at Red Mountain," a gated 110-lot single-family residential subdivision.
James F Runner
NEC Yuma & Watson Rds
Buckeye
0.93 Commercial 875,000
940,860
21.60 12/27 Velocity Retail Group
E/SEC Power & Warner Rds   Mesa
79.68 Industrial 3,470,861
43,560
1.00 12/28 David Greg Case
W/NWC Lindsay Rd & Queen Creek Rd
Gilbert,
18.54 Residential 6,137,018
331,014
7.60 12/28 KB Homes

Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NEC Grand Ave & Deer Valley Rd
Surprise,
9 finished lots  747,000
83,000
1,037
12/24 Lennar Homes

Data Source: CoStar, BREW, Vizzda plus personal information
"In business as in life, you don't get what you deserve you get what you negotiate." - Chester L Karrass

"You miss 100 percent of the shots you never take, and if you think it's expensive to hire a professional to do the job, wait until you hire an amateur "  

 With over 20 years of experience in three separate countries Walter brings exceptional knowledge in deal making.

Kasten Long Commercial Group
 
Walter Unger, CCIM - 
Senior Associate Broker
 
520.975.5207 (cell) -   WalterUnger@ccim.net
Designated Broker - Jim Kasten, CCIM   602.677.0655  (office)