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.

NOT FOR REPRINT

© 2025 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.