A 35-acre development site, located at El Mirage Road and Northern Avenue in Maricopa County, Arizona, has been purchased by Midwest Land Trust, a sand and gravel pit mining operations company, for $2,600,000. SMT Investors Limited Partnership, a Phoenix-based real estate investment company, was the seller. Kidder Mathews land broker, Brian Rosella, represented Midwest Land Trust in the transaction.
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Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 22 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $9.6 billion in transactions, manages over 70 million square feet of space, and conducts over 1,680 appraisals annually. For more information, visit kidder.com.