Walton International buys 319 acres in Casa Grande for $6.8 million

land sale CGCasa Grande – Walton International Group (USA) Inc. in Scottsdale (William K. Doherty, Chief Executive Officer) paid $6.18 million to purchase ±319 acres located at the SWC of I-10 and Kortsen Road in Casa Grande, Pinal County, Arizona. The seller was Auza Ranches, L.L.C.(Joe Auza). The seller was represented by Bret Rinehart, Ryan Semro, Ben Heglie and Kirk McCarville of Land Advisors Organization in Scottsdale. The property, known as Vista Ranch, is approved for up to 792 single family units on 240 acres, 320 multi-family units on 20 acres, and 60 acres of commercial. Single family lot sizes range from 55’ to 70’ wide. Walton also owns the neighboring ± 630 acres known as Casa Grande Commons located at the SEC of I-10 and Kleck Road adjacent to the Promenade at Casa Grande Regional Shopping Mall and approved a for single-family/multi-family residential, commercial, office and retail uses including a future auto mall. Walton has been an active buyer of land in Maricopa and Pinal counties and is still interested in buying additional parcels. Walton is a multinational real estate investment and development firm concentrating on the research, acquisition, management and development of strategically located land in major North American growth corridors with over 75,000 acres of land under management. Mike Koch is the contact at Walton and can be reached at (602) 264-1298. The Land Advisors Organization agents are at (480) 483-8100.


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