November 17, 2024 1:24 am
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Gilbert deals point to Val Vista growth

Image by Siggy Nowak from Pixabay

By Gilbert Sun News

Two recent land deals totaling $12.3 million point to an uptick in development along Val Vista Drive in Gilbert south of the San Tan Loop 202 Freeway.

VV Mercy LLC spent $7.3 million earlier this month for 9 acres at the southeast corner of Val Vista Drive and Mercy Road that is proposed for a mixed-use commercial and business park development, county records show.

And a bit farther south, a Scottsdale real estate investment firm paid $5 million for 3.7 acres on the northeast corner of Melrose Street and Val Vista for two restaurants and a 10-gas pump convenience store.

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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.