November 23, 2024 7:22 am
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Arizona State University sells 20 acres of land to Scottsdale developer

By Angela Gonzales | Phoenix Business Journal

Arizona State University has sold a 20-acre parcel of land in Phoenix to a Scottsdale-based developer for $14.2 million, according to Vizzda LLC real estate database.

The land currently houses 14 buildings totaling 129,263 square feet that previously was occupied by Arizona Christian University.

The money ASU received from Scottsdale-based Treger Financial will be used to invest into Thunderbird’s new building that will be built at ASU’s downtown Phoenix campus, said Katie Paquet, spokeswoman for ASU.

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© 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.