November 21, 2024 10:32 pm
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Mesa development site sells

By AZRE | AZBigMedia

Drexler Enterprises Inc., a Phoenix-based investment company, has sold a 12.26-acre development site, located at the northwest corner of Loop 202 and Baseline in Mesa for $2,220,503. The buyer was LGP Enterprises, a commercial developer. Commercial real estate broker Brian Rosella of Kidder Mathews represented Drexler Enterprises in the transaction.

The property, planned for commercial development, is part of a new stretch of the Loop 202 that has exploded with several new projects in the past 24 months and more in the pipeline.

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