ARIZONA STATE LAND DEPARTMENT
By Audrey Jensen | Phoenix Business Journal
San Diego-based Sunbelt Investment Holdings Inc. was the sole bidder and winner of a $23.7 million state trust land auction for about 80 acres in Phoenix, paying about $296,078 per acre.
The large property is located between 7th and Central avenues along Rose Garden Lane just south of the Phoenix Deer Valley Airport in the northern Phoenix area. Sunbelt Rose Garden 7 LP was the entity that won the bid, according to the land department.
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