May 8, 2024 5:06 am
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Mesa retail development site sells

By AZRE | AZBigMedia

A 3.1-acre development site located at NWC US-60 and Crismon Road in Mesa, Arizona, has sold for $2,215,851. The buyer was retail developer Aaron Klusman. The seller was QUYP Development. Kidder Mathews commercial real estate brokers, Trask Switzenberg and Darrell DeShaw, represented Klusman in the transaction.

The development plans are for three retail pads. Users for two of the pads were secured prior to closing the sale. There is one additional retail pad remaining, which Switzenberg and DeShaw will continue to market. The pads make up the retail portion of a new 40-acre mixed-use project, which upon completion will include a 130 room hotel, multiple office and medical buildings, and a 200+ unit multifamily development.

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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.