Integral Communities Acquires Development Site In Santa Clarita For $18.35M

Located in Santa Clarita, the development site at 28167 Bouquet Canyon Rd was recently sold by Susie Gedalia to Integral Communities. The transaction, which took place on December 31, 2020, was facilitated by the buyer's representative, Lee Aarons from Land Advisors, and the seller's representatives, Roy Harel, Arin Gharibian, and Yaron Gedalia from Keller Williams Hollywood Hills. The property was sold for a total price of $18,350,000.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $18,350,000
• Address: 28167 Bouquet Canyon Rd, Santa Clarita
• Market: Santa Clarita
• Buyer: Integral Communities
• Seller: Susie Gedalia
• Buyer's Representative: Lee Aarons - Land Advisors
• Seller's Representatives: Roy Harel, Arin Gharibian, and Yaron Gedalia - Keller Williams Hollywood Hills

With a total buildable square footage of 500,000, the development site is expected to accommodate 375 units. This transaction marks an important milestone for the parties involved and signifies the continuing growth and investment in the Santa Clarita market.