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Developer purchases industrial parcel in Casa Grande

By Real Estate Daily News Service

Scottsdale, Ariz. (Jan. 26, 2023) –Dale Cavan, a Phoenix-based developer, closed on the purchase of a 24-acre parcel in Casa Grande, with plans to build a new commerce park that will feature a series of speculative buildings under 70,000 SF to accommodate industrial needs in the area. The buyer paid $2,057,851 for the land located at the SEC Thornton Road and Ash Avenue, which will become the Casa Grande Commerce Park.

Kirk McCarville, CCIM, and Trey Davis with Land Advisors Organization represented the buyer and the seller in the transaction. The deal fetched $85,743.79 per acre.

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