July 13, 2022 26.22ac and 24ac mol in two separate deals $3,695,664 (combined purchase price) or about $1.70/sf cash Price looks cheap, but parcel is fairly devoid of infrastructure Buyer KPPC Advanced Chemicals Inc is a supplier to the burgeoning semiconductor industry in and around Casa Grande
Economic development
SOUTHWARK METAL MANUFACTURING COMPANY BUYS IN CG
June 24, 2022 96.85ac $1,893,773 or 45¢/sf cash looks like a steal! Buyer SOUTHWARK METALS looks like a user but intention unknown
…AND OSTERKAMP BUYS ANOTHER 21ac IN ELOY
June 16, 2022 21ac $2,012,472 or $2.20/sf cash Second purchase in WALTON’S ELOY industrial area
BIG USER LAND BUY NEXT TO NATIONAL GYPSUM IN ELOY
June 16, 2022 71.11ac $6,994,553 or $2.25/sf cash Seller various WALTON entities Buyer OSTERKAMP ONTARIO DISTRIBUTION LLC
LAPOUR DEVELOPMENT CLOSES 205ac INDUSTRIAL PARCEL
June 8, 2022 205ac $2,400,000 or $11,707/ac Buyer LaPour Development intends to develop the site as CG COMMERCE CENTER into sites for industrial development including manufacturing, warehousing/logistics, both “spec” and build to suit custom spaces Broker for the development is Stein Koss at Lee & Associates Tish Sopha # Title Security in Casa Grande handled the […]
AIRPARK INDUSTRIAL (MAYBE?) PARCEL SELLS TO INVESTORS
Burris Rd frontage is probably a big deal for future north-south connector to Casa Grande’s burgeoning southern industrial areas, so maybe this parcel quill have some great use someday … for now, it is bereft of infrastructure, and in airport overfly zone May 31, 2022 80ac $600,000 or $7,500/ac Buyer intention unknown
20ac IN CASA GRANDE BUSINESS PARK III
Looks like another land sale for a user. May 20, 2022 20.22ac (4 lots) $2,613,600 or $2.97/sf Buyer intention unknown
THE LUCID LAND TRAIN KEEPS ROLLING …
… and this time Verma’s not involved OMG. May 19, 2022 160ac $14,400,000 or $2.07/sf Seller is Nap Lawrence entity
AND ANOTHER VERMA DOUBLE-ESCROW TO LUCID
Not the first, and certainly not the last time that Lucid is clawing up every acre it can get its hands on around its existing campus May 17, 2022 40ac First sale (Wells to Verma): $6,533,999 or $3.75/sf Second sale (Verma to Lucid): $7,500,000 or $4.30/sf Gross (instantaneous) profit to Verma: $966,001 Lucid continues its site expansion-driven land […]
BARNES BUYS ANOTHER 80 IN PATH OF INDUSTRIAL PROGRESS
A major seller as well, Vernon Barnes just bought an 80 to go with a 240 he bought earlier this year on the hot westside of Casa Grande. May 13, 2022 80ac farm, PLUS farm residence (Serrano residence) and several ancillary farm buildings $5,014,750 or $1.44/sf (ignoring the valueof the residence) The resulting 320 makes a very […]