May 4, 2024 11:31 am
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Another developer buys land at growing freeway, light rail hub

Aspirant is also trying to bring new apartments to the Circles Records property /Sydnee Schwartz

By Mike Sunnucks | Phoenix Business Journal

Scottsdale-based Aspirant Development has bought 8.5 acres of land at the Loop 202 Freeway and Washington Street in Phoenix.

The deal was brokered by Cashen Realty President Ray Cashen. Aspirant plans to sell 6 acres to another developer for a 300-unit apartment complex.

Disclosure: Rose Law Group represents Aspirant.

Aspirant also wants to build a storage facility at the other end of the property. Aspirant is also trying to bring new apartments to the Circles Records property in downtown Phoenix.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.