Kidder Mathews Arranges 80-Acre Land Sale Outside of Maricopa — Arizona’s Fastest Growing City

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An 80-acre development property on the southwest corner of McDavid Road and Hidden Valley Road in Casa Grande, Arizona, has been sold to Elenes Maricopa, LLC for $940,000. The seller was Ropalm Ventures, LLC. Kidder Mathews’ Brian Rosella and Joseph Calistri represented both parties in the sale.

The property is in an area of accelerated growth in Pinal County, just outside of Maricopa’s city limits. It is located on two section line corners at a major planned thoroughfare, with Global Water Resources as the area’s designated water and sewer utility provider.

“This sale shows there’s continued interest from land investors for well-positioned properties,” said Rosella. “Maricopa has quickly grown into one of the most desirable communities of the Greater Phoenix metropolitan area and continues on the path of sustained growth.”

About Kidder Mathews
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. The firm performs $12 billion in transactions, manages 53 million square feet of space, and conducts over 2,800 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.

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