December 22, 2024 4:58 am
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Merit buys parcel in SW Phoenix

By AZRE

Land Advisors Organization announced it recently completed the sale of an 18.1-acre parcel on behalf of the Murphy Elementary School District in Metropolitan Phoenix for $4.33 million to Merit Partners, a developer specializing in acquisitions and development of industrial, flex, and office properties.

Land Advisors Organization broker Michele Pino in partnership with Jackie Orcutt, a broker with CBRE, represented the seller, Murphy Elementary School District No. 21. Representation of the District was awarded through the competitive RFP process. Land Advisors Organization and CBRE also jointly represented the buyer, Merit Partners. The land parcel is located at 1441 S.

27th Ave., in Phoenix.  Murphy Elementary School District is a public school district serving students in Southwest Phoenix from preschool to 8th grade. 

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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.