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Land Resources / News / Arizona
816 Acres Sells in Northwest Tucson
Source: CoStar, by Brett Wyatt
A joint partnership acquired the Sanders Grove development land in Marana, AZ for $6.25 million in two separate transactions. Red Point Development, Inc. sold approximately 611 acres for $4.75 million, while Levine Investments sold approximately 205 acres for $1.5 million. The buyers are RB Land LLC, The Cardon Group, and SoundView Real Estate Partners. September 29, 2011 The master-planned residential community is located at the Northwest Corner of W. Marana Rd. and N. Sanders Rd., and is slated for 2,500 single family homes.
Read the complete article from CoStar » |
