December 22, 2024 1:03 am
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Dallas developer makes big land acquisition in Mesa

By Ron Davis | Phoenix Business Journal

A developer is planning to get190 acres of southeast Mesa land “shovel-ready” for development. Seeing a demand in large users wanting to own their land outright, Trammell Crow Co. is approaching its latest East Valley deal a bit differently.

Rather than build another speculative industrial park, Trammell Crow will get more than 190 acres of southeast Mesa land “shovel-ready” for development. The Dallas-based developer teamed up last month with CBRE Investment Management, on behalf of a separate account client, in a joint venture acquisition of the land.

Read the full subscription story from the Phoenix Business Journal.

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