Gilbert land sells for $2.1 million, new homes planned

SW corner Warner and McQueen
SW corner Warner and McQueen

By Kristena Hansen | Phoenix Business Journal

A Canadian homebuilder recently scooped up an 11.4-acre parcel in Gilbert for $2.1 million — or $184,210 per acre — where it has plans for single-family homes, according to a statement Friday from Cushman & Wakefield of Arizona Inc. The property is situated at the southeast corner of Warner and McQueen roads that straddles Gilbert-Chandler city boundary.

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