November 5, 2024 12:29 pm
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Site at Marley Park in Surprise sells

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AZRE | AZBigMedia

18.5 acres of commercially zoned land located at the NWC of Litchfield and Cactus Roads traded this past week for $2,225,000. Judi Butterworth of ORION Investment Real Estate and Cathy Cheshier of Property Dimensions Real Estate Group, Inc. represented Veramonte Land Holdings LLLP in the sale, and the land was acquired by Terry B. Brodkin & Associates as 18.5 Litchfield & Cactus LLC.

The land parcel is adjacent to the upscale Marley Park community in Surprise, which is months from completion. Surprise is the second-fastest expanding municipality in the greater Phoenix metropolitan area. The site benefits from higher-end homes built by Meritage, Ashton Woods, and Lennar. In addition, numerous jobs are being created with new projects being regularly approved, such as The Baxter project (a new 145,000+ square foot package delivery facility) at Litchfield Road & Sweetwater Drive.

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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.