Tolleson, one of the Valley's fastest-growing communities, is situated about 15 miles west of downtown Phoenix. The school district is constructing a 36,000-sf facility that will deliver in summer 2002.
Brokers Rick Murphy, Judi Butterworth, Greg Abbott and Jason Hyams, all of CB Richard Ellis, represented the seller, Tolleson Land Partners LP of Scottsdale. Steve Poole of the Scottsdale office of Mohr Partners acted for the school district in the land sale.
Tolleson and the entire west Phoenix area are favorite landing spots for industrial users, in turn attracting the attention of home builders and buyers. The West Valley's relatively cheap land prices and availability as well as Loop 101 freeway connection are sparking the increased development.
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 content© 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.
