By Kristena Hansen | Phoenix Business Journal
The Arizona State Land Department will auction off 193.4 acres of State Trust land in east Mesa to the highest bidder Thursday morning, starting at a minimum bid of $30 million, the agency said in a statement late Wednesday afternoon. The land is located just north of the former GM Proving Grounds at the northeast corner of Signal Butte and Guadalupe roads. That land is in DMB Associates Inc.’s Eastmark master-planned community. The auction will begin at 10:30 a.m. in the lower level auditorium of the department’s Phoenix office at 1616 W. Adams Street.