1,773 Acres Sold as Part of a Master-Planned Community

June 2, 2023 Seller: Tousa Recovery Acquisition, LLC Buyer: Arizona RR Ranches, LLC Sale Price: $44,650,000 1,773 Acres ($25,183/ac) Developer already owns more than 7,000 acres between Casa Grande and Maricopa “This will be the next hot spot” https://www.bizjournals.com/phoenix/news/2023/06/15/john-wayne-red-river-ranch-community-maricopa.html?fbclid=IwAR2FptdT7QURsilUMK0LWWizOfdoElqwklPDMnwa_K4UP9cXvSqMxGSCDp4