Two Properties Close in High-Growth Areas of Buckeye, Totaling $20M

inbusinessPHX.com

Arizona Land Consulting, the Valley’s leading, female-owned real estate consulting firm, announced two closings on two prime locations in Buckeye, the deals combined amounted to nearly $20M.

The first acquired property is 72 acres that will be converted into a mixed-use development, located on Miller and Broadway, a rapidly growing area known for its economic development and thriving real estate market. The majority of the site was recently rezoned to be developed into a master-planned community called Copper Falls. The residential community is slated for approximately 900 multifamily units, a combination of build-to-rent and garden-style apartments. The remaining 16 acres will be kept for commercial and retail use.

“We were attracted to this site because of all the development happening in and around the area. There is already a strong demand for both retail and multi-family components,” said Anita Verma-Lallian, CEO and founder of Arizona Land Consulting, “A Fry’s is under construction on the property across the street, which will make for this location to be a key intersection for Buckeye as it continues to grow.”

The second site that closed is 20 acres on Baseline and Johnson Road, an emerging industrial area in the West Valley. This site is zoned for general commerce, which can accommodate a variety of uses, including industrial, commercial, retail, and more.

“We are thrilled Arizona Land Consultants continues to support Buckeye through their development efforts,” said Buckeye Mayor Eric Orsborn. “The projects slated for both sites will include architectural standards that will complement our city’s heritage and semi-rural character of the area, while providing a variety of high-quality housing, retail and employment options for our residents.”

Arizona Land Consulting has become a leading trusted source in the development and real estate sector in the state. The acquisitions of these sites align with the company’s long-term strategy of acquiring properties with substantial growth potential and leveraging them for sustainable returns.

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