Land Advisors Organization’s Phoenix Office Closes Broadway Crest Located in Buckeye, AZ to Forestar Group Inc. for $4.9MM
Phoenix, Arizona (December 18, 2020) – Land Advisors Organization’s Metropolitan Phoenix office is pleased to announce the sale of 277 pre-platted lots located east of the northeast corner of Apache Road and Broadway Road in Buckeye, Arizona. The property was acquired by Forestar Group Inc. for $4,889,000.
The employment activity along I-10 as well as the Loop 303 has continued to fuel the demand for residential development in this area. The acquisition by Forestar within Buckeye speaks to the continued maturity of the West Valley and the need to provide serviced lots to home builders.
Ben Heglie, Ryan Semro, and Bret Rinehart who specialize in home builder developments and master-planned communities throughout Arizona for Land Advisors Organization’s Metropolitan Phoenix office, represented the seller in the transaction. The firm continues to advise clients on this product type and is working on several similar projects in the area.
About Land Advisors Organization
Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Orlando, Tampa, and Jacksonville, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Atlanta, Georgia; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIN.
# # #
Media Contact: Patty Johnson, Connections Marketing & Communications
PattyJohnson@Connections-marcom.com or 602.402.2965