John Furner Of Walmart Acquires 38 Acres Of Land In Buckeye Arizona For $11,818,700

Walmart acquired approximately 38 acres of land located at the northeast corner of State Route 85 & Southern Avenue in Buckeye, Arizona, for $11,818,700. The transaction occurred as industrial development progresses along State Route 85.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $11,818,700
• Buyer: John Furner - Walmart
• Seller: Cardinal Capital Co. LLC
• Date of Transaction: July 30, 2026
• Total Acreage: 38 acres
• Market: Buckeye, AZ

This transaction represents Walmart's strategy to expand its presence near existing distribution operations in the area. The site is part of the planned 144-acre AZ85 industrial park, although specific plans for the newly acquired property have not been disclosed by Walmart.