By AZRE
Northmarq Phoenix’s Investment Sales team of Jesse Hudson, Trevor Koskovich, Ryan Boyle and Logan Baca brokered the $14.5 million sale of 16.91 acres of land in Goodyear. The land is located at 14935 W. Van Buren Street in Goodyear. Northmarq’s Investment Sales team brokered the transaction for the Scottsdale-based seller, Goodyear Living LLC. The buyer was Urban Street Group, LLC from Schaumburg, Illinois.
“This was the first purchase for Urban Street Group in the metro Phoenix market, but they are an experienced developer who has been actively looking for development opportunities in the market for a few years,” said Hudson. “They have already begun working on the land improvements and plan to move forward with the townhome development that Goodyear Living had planned.” Goodyear Living had planned a 307-unit townhome development, tentatively called The Douglas at Goodyear Airport Commons.
