Big land sales back: 1,100 acres in Pinal sell for $38M
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Big sprawling suburban land deals — a hallmark of Arizona’s real estate market — could be coming back.
Phoenix-based El Dorado Holdings Inc. bought more than 1,100 acres in Pinal County for $38.4 million, according to Business & Real Estate Weekly of Arizona.
The land is in the Bella Vista Farms development near Florence. It’s slated for 3,900 homes as well as commercial developments, according to BREW.