Scottsdale-based Mark-Taylor paid just under $3 psf for the acreage at the northwest corner of Knox Road and Arizona Avenue. The land lies in a redevelopment area of Chandler.
Mark-Taylor plans to begin construction on the apartment community this quarter. ARPHO Co. LLC of Scottsdale, a division of Shea Homes, was the land seller. It was represented by CB Richard Ellis.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium contentNOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
