By Jordan Houston | East Valley Tribune
The last large plot of privately owned property along US 60 in Mesa has been sold.
Lee & Associates Arizona, a commercial real estate agency, said a 70-acre parcel at the northwest corner of Signal Butte Road and US 60 had been sold for $12.7 million to Bela Flor by an entity of Prudential.
The mixed-use site includes a half mile of US 60 frontage with a full diamond interchange, making it a prime location with easy access from the freeway, explained Lee & Associates Principal Brent Moser.
“The freeway visibility is very exceptional. If you look along US 60, there aren’t any large, privately owned pieces of land left,” he said. “Everything you see is owned by the state land department.”