Creation Equity Purchases 38 Acres Of Land In Avondale Arizona From Z-Modular For $18.05M

38 acres of land located in Avondale, AZ, has been sold for a price of $18,050,000. The property encompasses a total square footage of 699,672, equating to a price per square foot of $26, indicating a significant land transaction in the area.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $18,050,000
• Buyer: Creation Equity
• Seller: Z-Modular
• Brokers: Jake McClaughry & Brian Gausden - Western Retail Advisors
• Market: Avondale, AZ
• Acres: 38
• Square Feet: 699,672
• Price per Square Foot: $26

Western Retail Advisors facilitated the transaction, connecting Z-Modular with Creation Equity. This deal is intended to pave the way for the development of the Avondale Tech Center on the newly acquired land.