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7.1.10
Property: Parkway Lakes – Grand Meadows located at the NWC of Peek Road and Beechnut Boulevard in Richmond, Fort Bend County, Texas
Buyer: DR Horton-Texas, Ltd.
Seller: Deerwood Homes
Agents: Kirk Laguarta and Lee Jones of Land Advisors Organization – Houston
Transaction included: 57 finished lots
Purchase Price: $1,282,500
6.17.10
Property: Westwind, located at the NWC of Lower Buckeye Road and Turner Road in Buckeye, Maricopa County, Arizona
Buyer: Westwind North, LLLP
Seller: RC Properties, XVII, LLC
Agents: Greg Vogel, Michele Pino and Branden Lombardi of the Land Advisors Organization (co-brokered with Michael Chasse of Strategic Assets Group)
Transaction included: 320 acres
Purchase Price: $2,080,000
Property: University Square, located at the NWC of University Drive and Forest Avenue in Tempe, Arizona
Buyer: MCR II, LLC (Sundt Companies)
Seller: Stearns Bank NA
Agents: Greg Vogel, Ryan Duncan, Randy Titzck and Michele Pino of the Land Advisors Organization (co-brokered with Brent Moser of Cassidy/Turley)
Transaction included: 3.2 acres
Purchase Price: $10,125,000
Property: Entorno, located at the SWC of Indian School & 99th Avenue in Avondale, Arizona
Buyer: AG/RW- Entorno, LLC
Seller: Pebble One, LLC
Agents: Greg Vogel, Randy Titzck, Ryan Duncan, Mike Schwab and Michele Pino of the Land Advisors Organization
Transaction included: 163 acres
Purchase Price: $8,000,000
6.7.10
Property: Elaine Farms, located at the NWC of Trekell Road and Kortsen Road in Casa Grande, Arizona
Buyer: Kurt Kautz
Seller: FDIC as receiver for Community Bank of Nevada
Agents: Dan Baldwin and Kirk McCarville, Land Advisors Organization (Seller); Ben Heglie, Lee and Associates (Buyer)
Transaction included: 216.69 acres
Purchase Price: $2,450,000 or $11,306 per acre
6.3.10
Property: Gleneagles: West of I-45N, north of FM 242 in Montgomery County, Texas
Buyer: Long Lake, Ltd
Seller: HFG-Centerra Development, LP
Agents: Duane Heckmann, Kirk Laguarta and Lee Jones of Land Advisors Organization – Houston
Transaction included: 43 finished lots
Purchase Price: $212,000
5.27.10
Property: Tucson Marketplace at the Bridges, located at the NWC Interstate 10 and Kino Blvd., Tucson, Pima County, Arizona
Buyer: Costco Wholesale Corporation (Costco)
Seller: Tucson Retail, LLC
Agents: Randolph C. Titzck P.C., Land Advisors Organization (Seller)
Greg Laing, Phoenix Commercial Advisors (Buyer)
Transaction included: ±15 acres
Purchase Price: Not Disclosed
5.26.10
Property: Bridgewater Place: South side of Morton Road just west of Mason Road, north of I-10, in Katy, Harris County, Texas
Buyer: DR Horton Texas
Seller: KHI Post Consummation Trust
Agents: Kirk Laguarta, Duane Heckmann and Lee Jones of Land Advisors Organization – Houston
Transaction included: 15 finished lots
Purchase Price: $187,500
Property: Mountain’s Edge, located at Rainbow Blvd. and Cactus Ave., Las Vegas, Nevada
Buyer: Pulte Homes
Seller: Tier One Bank
Agents: Rick Hildreth, Land Advisors Organization
Transaction included: ±34 acres (approved plan for 434 single family lots)
Purchase Price: $5,712,000
5.25.10
Property: Tristanos, located at the NEC of 27th Avenue & Dobbins Road, Phoenix, Arizona
Buyer: Lexin Capital LLC
Seller: AmTrust Bank (FDIC)
Agents: Mike Schwab, Jill Lewis, and Harry Lourimore of the Land Advisors Organization
Transaction included: 40 – 80’ x 130’ partially improved lots
Purchase Price: $520,000
5.21.10
Property: 110 acres at Highway 183 and Lakeline Blvd, Austin, Williamson County, Texas
82 acres at Highway 183 at Highway 29, Liberty Hill, Williamson County, Texas
Buyer: Butler Equity Holdings, Ltd.
Seller: SA Challenger, Inc.
Agents: Carlotta McLean and Tim Riley of the Land Advisors Organization
Transaction included: 192 commercial acres (2 tracts)
Purchase Price: Not disclosed
5.11.10
Property: Sky Ranch, S/SWC of Tangerine and Thornydale Roads, Tucson, Pima County, AZ.
Buyer: Meritage Homes (Jeff Grobstein – President-Tucson Division)
Seller: HSL Skyline Mesquites 1, LLC (HSL Properties)
Agents: Will White and Ted Herman of the Land Advisors Organization
Transaction included: 22 – 52’ x 115’ finished lots
Purchase Price: $990,000 ($45,000 per lot)
4.5.10
Property: Dominion Creek, located N/NEC of Pinal Avenue and Val Vista Road, Casa Grande
Buyer: KEMF Dominion Creek LLC (Evergreen Communities)
Seller: Sept Land Trio LLC (Communities Southwest)
Agents: Harry Lourimore, Jill Lewis – Land Advisors Organization (co-broke)
Transaction included: 188 – 50’ x 115’ finished lots
Purchase Price: $2,115,000 or $11,250/lot
3.30.10
Property: Annecy located S/SEC of Power Road and McKellips Road, Mesa, Arizona
Buyer: K. Hovnanian Homes
Seller: AD Alliance I
Agents: Ryan Duncan, Harry Lourimore, Jill Lewis
Transaction included: 45 – 120’ x 140’ finished lots
Purchase Price: $3,800,000
3.12.10
Property: Falcon Point at Prescott Lakes in Yavapai County, located east of Prescott Lakes Parkway at Blooming Hills Drive, Prescott, AZ
Buyer: Falcon Point Improvement Finance District
Seller: National Bank of Arizona
Agents: Capri Barney (seller)
Transaction included: 118 lots (nearly finished)
Purchase Price: $1,800,000
12.30.09
Property: Continental Reserve, Mirasol, Rancho Loma Alta, Sahurita Highlands and Sycamore Canyon, Tucson, AZ
Buyer: DR Horton
Seller: Canoa Development
Agents: Will White, Ted Herman
Transaction included: 203 total lots
Purchase Price: $5,800,000
12.15.09
Property: Roosevelt Square, located at the SWC of Val Vista Drive and Germann Road, Gilbert, AZ
Buyer: SWC Val Vista & Germann, LLC
Seller: Germann & Val Vista Properties, LLC
Agents: Ryan Duncan, Randolph C. Titzck, P.C., Greg Vogel (seller)
Transaction included: ±65 acres (15.2 ac planned for Community Commercial and 49.8 AC planned for 5 to 8 du/ac Residential)
Purchase Price: $4,300,000 ($66,153 per AC)
12.2.09
Property: Countrywalk, located on Dean Rd., north of Curry Fork in Orange County, Florida
Buyer: JTD Land At Country Walk, LLC
Seller: DWB, LLC
Agents: Steve Flanagan, Steve Ruoff (seller)
Transaction included: ±199.98 acres
Purchase Price: $1,625,000
11.19.09
Property: Rio Bonito Ranch, located in the heart of the Verde Valley within minutes of both Sedona and Cottonwood in Cornville, Yavapai County, AZ
Buyer: JSC Ranch Creek Properties
Seller: SRB Properties
Agents: Capri Barney, Greg Vogel (seller)
Transaction included: 38.19 acres (21 finished lots)
Purchase Price: $1,121,000
11.13.09
Property: Marley Park, located N/NEC of Reems Road and Cactus Road, Surprise, AZ
Buyer: Marquis Communities
Seller: EHJP Property Holdings
Agents: Greg Vogel, Jill J. Lewis, Harry M. Lourimore
Transaction included: 83 – 65’ x 120’ finished lots
Purchase Price: $2,589,600
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