Thursday, September 23, 2021 4:38 am

Arizona State University sells 20 acres of land to Scottsdale developer

By Angela Gonzales | Phoenix Business Journal

Arizona State University has sold a 20-acre parcel of land in Phoenix to a Scottsdale-based developer for $14.2 million, according to Vizzda LLC real estate database.

The land currently houses 14 buildings totaling 129,263 square feet that previously was occupied by Arizona Christian University.

The money ASU received from Scottsdale-based Treger Financial will be used to invest into Thunderbird’s new building that will be built at ASU’s downtown Phoenix campus, said Katie Paquet, spokeswoman for ASU.


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