Cushman & Wakefield Negotiates Land Sale

PHOENIX, May 15, 2017 – Cushman & Wakefield announced that CRG Financial Partners, LLC sold 18.1 acres at the southeast corner of Loop 303 and El Mirage Road in Maricopa County, Arizona for $3.5 million to Scottsdale-based AV Homes of Arizona, LLC. Brian Rosella of Cushman & Wakefield represented the seller.

“The northwest valley is the most sought after submarket for builders and one of the hardest places to find land. AV Homes will offer high-quality entry level homes which is generally needed in the area,” said Rosella.

AV Homes of Arizona, the developer and builder of active adult and conventional home communities in Florida, Arizona and the Carolinas, is planning 85 preliminary platted residential lots for the site. With easy access to Loop 303 and the newly built interchange at El Mirage Road the area is located close to recreational amenities such as Trilogy Golf Club at Vistancia, Surprise Stadium and is less and 15 miles from Lake Pleasant.

About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.