(Disclosure: Rose Law Group represents Empire Group.)
By Independent Newsmedia | Your Valley
Developers are targeting two newly acquired Glendale parcels for future apartment complexes.
The two parcels totaling 36.52 acres sold for approximately $15 million.
The land is located at the southwest corner of 99th and Northern Avenues, which is just a couple blocks west of Westgate and right across the street from Park West in Peoria.
Scottsdale-based developer, Empire Group of Companies sold 18.52 acres to Alliance Residential for approximately $6.857 million, and 18 acres to Garrett Companies for $7.8 million.
Both buyers are proposing multifamily apartment communities for development on the respective parcels.