April 30, 2024 10:46 am
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California-based developer wins bid for site near TSMC plant

ARIZONA STATE LAND DEPARTMENT

By Audrey Jensen | Phoenix Business Journal

San Diego-based Sunbelt Investment Holdings Inc. was the sole bidder and winner of a $23.7 million state trust land auction for about 80 acres in Phoenix, paying about $296,078 per acre. 

The large property is located between 7th and Central avenues along Rose Garden Lane just south of the Phoenix Deer Valley Airport in the northern Phoenix area. Sunbelt Rose Garden 7 LP was the entity that won the bid, according to the land department.

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.