April 24, 2024 4:46 pm
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Queen Creek land auction attracting Samsung is postponed again

By Janet Perez | Your Valley

The auction of a parcel of state land in Queen Creek that Samsung is considering as an operations site has been postponed again.

The approximately 915 acres is on the northwest corner of Ironwood Drive and Germann Road. The auction, which was set for Thursday, June 10, has been pushed back to Thursday, July 15. The auction had originally been set for April, but a lack of bidders has forced the postponements.

The opening bid is $86.1 million. The July auction will take place 2 p.m. at the 1891 Historic Courthouse ceremonial courtroom at 135 N. Pinal St. in Florence.

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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.