Article originally published by National Real Estate Investor on October 10, 2018 Real estate fund sponsors are lining up to capture private equity poised to flow into new Opportunity Zones created by the Tax Cut and Jobs Act. The basic premise behind the Opportunity Zones initiative was to offer incentives in the form of deferred and […]
Article originally published by Arizona Central on August 3,2018 Arizona’s job growth is expected to outpace the nation over the next several years, and most of the gains will occur in metropolitan Phoenix, a report released Thursday forecasts. The state’s population also is expected to grow by 1 million residents over the same time period. Arizona will […]
Article originally published by Arizona Central on January 30, 2018. Nikola Motor Co. announced it will establish operations in Buckeye, jump-starting the development of the Douglas Ranch section on the north side of the city. Gov. Doug Ducey called it a “huge announcement” that will include a $1-billion capital investment, with 4,000 construction jobs, too. Read the full […]
Article originally published by Buisness Real Estate Weekly on November 3, 2017. A company formed by Microsoft co-founder Bill Gates paid $79.535 + million ($7,500 per acre) to purchase 53.271 + percent interest in a 19,931 acre tract of land in the far West Valley known as Belmont. Read the full article here.
Article originally published by AZ Big Media on March 28, 2017. Phoenix’s West Valley is on the rise. In fact, 52-percent of the Phoenix area’s future growth is expected to occur in the West Valley, according to the Greater Phoenix Economic Council. Read the full article here.
The first big industrial land deal has the Town of Buckeye feeling a bit more optimistic! Some of the executives from Minnesota based Cardinal IG were in town recently for the Waste Management Phoenix Open and began discussions which evolved into the acquisition of a 77 acre plot near downtown Buckeye. From a geographic perspective, […]