The AZ LandSource Team, with Colliers in Greater Phoenix, presents a snapshot of land sales and significant transactions in August 2018 for metropolitan Phoenix.

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Land sales data ($1M+ transaction value)*:

  • Number of transactions: 54 land transactions
  • Total sales value: over $209.95 million
  • Land area/acres: 1,773.68 acres
  • Lots/units: 2,251 units

Significant transactions in the market:

Airport Commerce Center – Goodyear:

  • $47,957,947
  • 258.50 acres | $4.26 per square foot
  • Planned Use: Data Center Campus
  • Buyer: Microsoft

101 Chandler – Chandler:

  • $12.22 million
  • 20.78 acres | $13.50 per square foot
  • Planned Use: Mixed-Use
  • Buyer: VanTrust Real Estate

Church Farm – Queen Creek:

  • $9,578,250
  • 129 finished lots | 55 ft. X 110 ft. typical
  • $74,250 per lot | $1,350 per square foot
  • Buyer: Toll Brothers

 AZ LandSource Team Land Sales Snapshot Colliers International

*Sources: Vizzda and CoStar