November 24, 2024 1:26 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Watt Communities of Arizona continues infill acquisition spree with downtown Phoenix purchase

downtown Phoenix

By: Daniel Benson; Belfiore Real Estate Consulting

downtown Phoenix Watt Communities of Arizona continued its infill acquisitions spree with its latest Downtown Phoenix closing.  According to public record (click here to view the affidavit), Watt New Leaf – Roosevelt LLC closed on an approximate 1.58 acre site north of the intersection of 8th Street and Roosevelt Street.  The deal closed October 24, 2014 for $1,475,000 ($935,320 per acre).

According to Steven Pritulsky (CEO; Watt Communities of Arizona), the site is zoned R-5, and Watt is pursuing a site plan to accommodate approximately 30 – three-story townhome units.  Watt is currently at a pre-application status with the City of Phoenix.

Watt continues to look for smaller (five acres and under) infill sites to build higher-density single-family product.  Have a site that meets this description and looking to sell?  You can reach Mr. Pritulsky at (602) 803-0268.

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

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.