Land Advisors Organization announced it recently closed on two deals totaling 50 acres, representing two separate sellers at the SEC of Highway 84 and Burris Road in Casa Grande, Arizona. The buyer of both parcels, KPPC Advanced Chemicals Inc. (KANTO-PPC), is a chemical supplier to the Taiwan Semiconductor Manufacturing Company (TSMC), which has a multi-billion-dollar project under construction near Interstate 17 and Loop 303 north of the Valley.
Land Advisors Organization’s advisors Kirk P. McCarville, CCIM, and Pinal County Specialist Trey Davis represented the seller, San Carlos 198 LLC (Charles Lawrence Principal) in the $1.783 million sale of 26.22 acres. McCarville and Davis also represented The Kendler Family Trust (Edward Kendler Principal) in the $1.912 million sale of 24 acres of agricultural raw land.
The 26-acre sale fetched $68,000 per acre; the 24-acre deal fetched $79,700 per acre.