Kasten Long Commercial Group
 
 
Walter Unger CCIM - I AM YOUR LAND SPECIALIST
Weekly Land Closing Update through April 12, 2019  
Phoenix Metro - Maricopa County - Pinal County

Location
Acres

Zoning
Sale Price
$/AC
  Per SF
Sale Date
Comments
Buyer
NWC 7th St & Pinnacle Peak Rd  Phoenix, A
30.96 Industrial 10,200,000
329,457
7.56 4/8 Hopewell Development Company
S/SEC 16th St & I-10
Phoenix, 
3.32 C-2 1,350,000
406,626
9.33 4/8 Joseph S Trobunella
N/NEC Greenfield Rd & McDowell Rd   Mesa, 
10.74 Industrial 2,105,255.
196,020
4.50 4/9 Proposed for 158,656 gross SF in two industrial building 
Majestic Realty Company

N/NWC Litchfield & Camelback Rds
Litchfield Park, 
142,039 Commercial 5,300,000
37,039
0.85 4/9 Domres Grading Inc
W/SWC 43rd Ave & McDowell Rd  Phoenix, 
12.97 Commercial 2,521,136.
194,382
3.43 4/10 James M Chamberlain
E/SEC 19th Ave & Pinnacle Peak Rd
Phoenix, 
1.97 Commercial 611,078.
326,779
7.50 4/10 Merit Partners
E/SEC 19th Ave & Pinnacle Peak Rd
Phoenix,
7.86 Commercial 2,567,595.
329,666
7.56 4/10 Merit Partner
SWC McQueen Rd & SR-202    Chandler, 
6.03 AG 1,775,000
294,361
6.76 4/10 Robert F Ellis
SWC Recker Rd & Williams Field Rd
Gilbert, 
15.99 AG 7,122,300.
445,422
10.22 4/10 Proposed for 141,285 SF of retail, restaurant, medical office, fitness center, and daycare use in 9 buildings
Norman M Brod

E/SEC Loop 101 & Chandler Blvd
Chandler, 
1.93 Commercial 1,400,000
725,388
16.65 4/11 Air Products and Chemical
N/NWC Cave Creek & Bloody Basin Rds
Carefree,
2.05 Commercial 2,700,000
1,317,073
30,235 4/11 Magnum Companie
NEC Sarival & Bethany Home Rds
Litchfield Park,
676.00 RU-43 1,791,640
2,650
0.06 4/12 Adjacent to Luke Air Force Base strip
Litchfield Park,
S/SEC 1st & Roosevelt Sts    Phoenix,
0.16 Commercial 750,000
4,687,500.

107.61 4/12 True North Studi
SWC Scottsdale & McDowell Rds
Scottsdale, 
1.04 C-3 3,000,000
2,884,615
66.22 4,12 Planned for 118 room 5-story hotel totaling ±71,265 SF
Rob Fetze
E/NEC 29th & Dunlap Aves   Phoenix, 
0.67 Commercial 1,252,084
1,868,783
42.90 4/12 Steve Stine

Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NWC 19th Ave & Happy Valley Rd
Phoenix,
113 platted & engineered 4,629,657
40,970
1,576
4/8 DW Partner
SEC Scottsdale & Dove Valley Rds
Scottsdale,
54 platted & engineered 8,636,000
159,925

4/8 DW Partner
NWC 51st Ave & Broadway Rd
Phoenix,
12 finished lots 525,57
43,797
1,060
4/8 Joseph Carl Home
E/SEC 107th Ave & Lower Buckeye Rd
Tolleson, 
5 finished lots 334,725
66,945
4/9 Garrett Walker Home
W/SWC Signal Butte & Ray Rds
Mesa,
8 finished lots 924,000
115,500
1,650
4/12 Ashton Woods

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)