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Land Resources / News / Arizona

Festival Ranch sold for $30M

Source: Phoenix Business Journal, by Jan Buchholz
November 02, 2010
BM3 Holdings LLC paid $30 million for the 7,042-acre Festival Ranch in the far West Valley, marking the Phoenix area’s largest land deal since 2008.

Scottsdale brokerage Land Advisors Organization announced the sale of the master-planned community by 10,000 West LLC, an entity previously been controlled by the Lyle Anderson Co., Tuesday.

Read the complete article from Phoenix Business Journal »

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