290-acre San Tan Valley site sells for $8.7M

AZBigMedia

AZBigMedia

AREAD Management Inc., a residential developer, and Varde Partners, a private investment company, have purchased a 290-acre development site in San Tan Valley, Arizona, for $8,700,000. The seller was Skyline & Quail, LLC. Kidder Mathews land broker, Brian Rosella, represented the seller in the transaction.

The development site is planned for Skyline Estates, a residential development planned for over 1,000 lots. It is located at Skyline Drive and Quail Run Lane in Pinal County.

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