June 9, 2020
Midwest Land Trust acquired a 35-acre development site at El Mirage Road and Northern Avenue in Maricopa County for $2,600,000. The sand and gravel pit mining operator bought the land from SMT Investors Limited Partnership, a Phoenix-based real estate investment company.
Kidder Mathews’ land broker, Brian Rosella, represented Midwest Land Trust in the transaction.
The site is located on Phoenix’s westside, near Luke Air Force Base and west of Glendale’s Westgate Entertainment District. The land is near several communities under development by numerous homebuilders, including Marbella Ranch, Falcon View, Bethany Estates and Luke Ranch Estates.
For comments, questions or concerns, please contact Dennis Kaiser