Weekly Land Closing Update through December 21, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
Desert Foothills Pkwy & Frye Rd   Phoenix
62.71 Residential 23,042,352
367,443
8.44 12/17 Tentatively planned for ±178 homes per media reports.
Blandford Homes


99.38 Residential 5,200,000
52,324
1.20 12/17 Proposed for 339 lots 
Crown West Realty / Petrus Partners
1.97 C-2 1,350,000
685,279
15.73 12/17 Armstrong Group of Companies
N/NWC Hayden & McDowell Rds
Scottsdale
3.25 R-5 2,392,067
736,020
16.90 12/17 will likely be developed as multifamily with the name "Cabana on Hayden".
Deco Communities
3.81 Commercial
1,784,100
468,267

10.75 12/17 An entity c/o Brad Lacour
N/NWC Rittenhouse & Ocotillo Rds
Queen Creek
1.00 C-2 775,000 17.79 12/18 Dr Howard John Simon
SWC Forest Rd &  Rio Verde Dr
2.93 C-1 825,000
281,569
6.46 12/18 Tonto Verde Association
N/NWC Price Rd & Rio Salado Pkwy  Tempe
2.93 Commercial 825,000
225,236
6.48 12/19 The Boyer Company
SWC Vaughn Ave & Gilbert Rd  Gilbert
0.57 Commercial 1,692,692
2,969,635
68.17 12/19 LGE Design Buil
NEC Val Vista Dr & Chandler Heights Rd
Gilbert
15.00 Commercial 4,802,045
320,136
7.35 12/20 Abdul Rahman Jazza
2.30 Industrial 518,043
225,236
5.17 12/20 The Boyer Company
S/SEC I-10 & 107th Ave
Avondale
24.89 Commercial  5,400,000
216,954
5.00 12/21 Eisenberg Compan
E/SEC Dysart Rd & Van Buren St
Avondale
8.05 Commercial 216,954
215,954
5.00 12/21 Zeitlin Capita
N/NWC 107th Ave & Camelback Rd  Phoenix
66.65 Residential 6,312,175
94,706
2.17 12/21 Planned for 190 conventional single family lots.
Mattamy Home

N/NWC SR-101 & Bethany Home Rd
Glendale,
3.07 Commercial 1,975,077
643,347
14.77 12/21 Sheila S Woodwar
NWC Crismon Rd & US 60  Mesa
1.02 Commercial 808,100
673,416
15.46 1/21 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 12/21 Philip E Donaldson
S/SEC Ellsworth & Ray Rds  Mesa
9.84 Residential  4,000,000
406,504
9.33 12/21 Strategic Capital Managemen

Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
W/NWC  32nd St Osborn Rd
5 partially finished lots 750,000
150,000
12/18 Nicolas G Blue
N/NEC Grand Ave & Deer Valley Rd
Surprise
9 finished lots 747,000
83,000
1,037
12/21 Lennar Home

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)