Arizona Land Pays $20M for Zoned Buckeye Warehouse Site

Barchart · 10/15 12:34

Arizona Land Consulting closed on a $20 million acquisition in Buckeye, Ariz. Located on west Southern Ave. and South Rooks Road, the 131 acres of land is zoned for industrial purposes. Arizona Lands’s Anita Verma-Lallian added, “Following our latest Buckeye deal, we project that the state’s industrial boom will continue its significant rise. With that in mind, this site’s additional benefit of a certificate of assured water supply is rare and ensures that it is well-suited with immense potential for manufacturing, construction, or other industrial-focused business.”

Arizona Land Consulting recently closed on a $138 million sale on 600 acres in Casa Grande, which it purchased for $40 million.

As the Loop 303 gets built out, industrial developers and employers are looking farther west in Buckeye for growth. The multibillion-dollar KORE Power battery manufacturing plant is planned along SR-85 nearby a future 2,000-acre master-planned data center campus.

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