November 23, 2024 2:44 am
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Utah data center firm enters AZ market with land purchase

By Ron Davis | Phoenix Business Journal

Wes Swenson was the only one to raise a paddle at Tuesday’s state land auction. The CEO of Utah-based Novva Data Centers cracked a soft smile while doing so and moments later was declared the winner of 165 acres of southeast Mesa land near Warner and Ellsworth roads, just to the east of the Loop 202 freeway.

Swenson’s firm will pay $62.7 million for the land, which was the appraised value and minimum bid for the auction.

Read the full subscription story from the Phoenix Business Journal.

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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.