April 25, 2024 7:46 pm
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SOLD! Mixed-use site in Vail

By Real Estate Daily News

TUCSON, ARIZONA (VAIL), February 23, 2023 – BP Vail Partners, LLC an affiliate of Bourn Companies of Tucson, (Don Bourn and Alan Tanner) bought 390-acres of industrial zoned land along I-10 and Colossal Cave Road and State Route 83 in Vail, AZ for $7.65 million (approximately $20,000 per acre).

The property has not yet been addressed but will be approximately 14001 E Benson Hwy, Vail, AZ 85641 according to public records.

With approximately one mile of frontage along Interstate-10, the 390-acre parcel was purchased for a mixed-use development with commercial, industrial and residential components.

The seller, RMG Vail II, LLC of Chicago (Sheldon Mandell) was represented by Gary Emerson of GRE Partners in Tucson.

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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.