Phoenix investor buys 143-acre development site in Casa Grande
AZBigMedia
Southern Cross, LLC, a Phoenix-area investor and developer, has acquired a 143-acre development site located at S/SWC Hwy 287 & Overfield Road in Casa Grande, Arizona, for $1,500,000. The seller was Lending Lifeline-4, LLC, a long-time owner of the property. Kidder Mathews land broker, Brian Rosella, represented the seller in the transaction.
This transaction was one of only a few to take place in Casa Grande over the last few years. The buyer had the conviction to purchase the site, even in uncertain times, due to the long-term growth predicted for this market.
