November 21, 2024 5:08 pm
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Infill king Michael Lieb puts finishing touches on $10M Scottsdale deal

Michael Lieb /Phoenix Business Journal
Michael Lieb /Phoenix Business Journal

By Mike Sunnucks | Phoenix Business Journal

Infill deal maker Michael Lieb has brokered a $10.4 million sale that is slated to bring a new housing development to the former car dealership site in south Scottsdale.

Lieb says he’s closing on a $10.4 million deal involving 777 Properties LLC selling 11.2 acres at McDowell Road and 68th Street in Scottsdale.

That LLC is a real estate arm of Earnhardt car dealerships. Chandler-based dealership previously had its Earnhardt Lexus dealership at the Scottsdale site.

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