If you need assistance, please call 480-365-8346

Homebuilders close on 250 acres along Loop 303 corridor in Glendale

Friday, October 8, 2021   /   by Juan Grimaldo

Homebuilders close on 250 acres along Loop 303 corridor in Glendale

Two publicly traded homebuilders have joined forces to scoop up a 250-acre parcel of land near a $1.5 billion industrial park being planned in Glendale.

Scottsdale-based Taylor Morrison Home Corp. (NYSE: TMHC) and Atlanta-based PulteGroup Inc. (NYSE: PHM) teamed up to pay $33 million for the 250 acres just west of Loop 303, bounded by Camelback Road on the north and Bethany Home Road on the south.

Nate Nathan and Courtney Buck of Scottsdale-based Nathan & Associates Inc. negotiated the transaction, which had been in escrow since last year.

In August 2020, the brokers also had negotiated the $70.5 million sale of the 614-acre parcel where Phoenix-based Merit Partners is developing a $1.5 billion logistics park.

To continue reading, click here.

By Angela Gonzales, Senior Reporter - Phoenix Business Journal

Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 25, 2021
This site powered by CINC: www.cincpro.com