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Development Company Closes on $7.25 Million Land Purchase in Casa Grande, AZ
FOR IMMEDIATE RELEASE
Media Contact:
Stacy Bayless, Director of Marketing & Communications
Land Advisors Organization
480.483.8100
sbayless@landadvisors.com
Development Company Closes on $7.25 Million Land Purchase in Casa Grande, AZ
Scottsdale, AZ (July 24, 2017) – Land Advisors Organization recently brokered the $7,825,000 purchase of ±156.5 acres of prime industrial land in Casa Grande, Arizona. Kirk McCarville and Michele Pino of Land Advisors Organization exclusively listed and brokered the transaction between the buyer, Nelson Commercial Properties, Houston, Texas and the seller, Auza Ranches LLC.
The land is located on the Northwest corner of Thornton Road and Peters Road in the industrial hub of Casa Grande, Arizona. The site was purchased by a development company to construct a new build to suit facility that will be leased by LKQ. With access to major Interstates I-10, I-8 and Highways 84 and 387, and the Union Pacific Railroad, the site is choice real estate for LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ is a leading distributor and marketer of specialty aftermarket equipment and accessories in North America, the largest distributor of mechanical and collision alternative parts in the United Kingdom, and the largest distributor of mechanical parts in the Netherlands.
“This project came together because of a trusted, effective and efficient partnership between Jim Nelson of Nelson Commercial, LKQ and Larry Rains and his staff at the City of Casa Grande,” said McCarville of Land Advisors Organization. For additional information regarding the transaction, contact Kirk McCarville at kmccarville@landadvisors.com or Michele Pino at mpino@landadvisors.com.
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Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.
Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington. To learn more about LAO, visit us on our website at landadvisors.com and connect with LAO on Twitter Facebook, LinkedIn and Twitter.