November 23, 2024 3:11 pm
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Phoenix investor buys development site in Casa Grande

AZRE | AZBigMedia

Southern Cross, LLC, a Phoenix-area investor and developer, has acquired a 143-acre development site located at S/SWC Hwy 287 & Overfield Road in Casa Grande, Arizona, for $1,500,000. The seller was Lending Lifeline-4, LLC, a long-time owner of the property. Kidder Mathews land broker, Brian Rosella, represented the seller in the transaction.

This transaction was one of only a few to take place in Casa Grande over the last few years. The buyer had the conviction to purchase the site, even in uncertain times, due to the long-term growth predicted for this market.

Casa Grande is located strategically between Phoenix and Tucson, Arizona. New employers, as well as several homebuilders, are moving to this emerging area.

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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.