“SPEC” DIRT NEAR CG’S AIRPORT IS FINALLY HEATING UP

July 14, 2022 40ac (Pinal County Assessor’s records) $1,100,.000 or $27,500/ac (36% cash dp, seller carry) Buyer intention unknown The land west of the airport and industrial airpark but east of the mine and the land surrounding it has been a speculative hotbed in past bull markets, even with many problems:  very little infrastructure, flood plain(s) and […]

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

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 […]