April 23, 2024 11:08 am
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Avondale development site sells

By AZRE | AZ Big Media (Submitted Photo)

LGP Enterprises, Inc, a real estate investment partnership, has purchased a 12.5-acre development site, located at the west and northwest corner of Avondale Boulevard and McDowell Road in Avondale, Maricopa County, Arizona, for $2,651,500. The seller SCM-POG, LLLP was represented in the transaction by Kidder Mathews commercial real estate broker Brian Rosella.

The development site is near a major corridor along Interstate 10 and across the street from Phoenix Children’s Hospital. It is designated for mixed-use with the ability to rezone multifamily residential. There have been several recent announcements for future commercial development near Avondale along the healthcare corridor on McDowell Road.

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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.