By Roland Murphy | AZBEX
The mainstreaming of licensed cannabis operations as a force in Arizona real estate and development took another step forward this week with the announcement by Scottsdale-based Zoned Properties of a mixed-use, master planned cultivation facility in Chino Valley.
The property has been leased to a licensed marijuana cultivation tenant on a 20-year, NNN structure. Currently on the 47.6-acre site is a 35KSF operational facility. Another 45KSF is planned for development by year end.