Lee & Associates Arizona Teams Broker Two Buckeye Land Deals Worth $4 Million

BUCKEYE, Ariz. - Dec. 2, 2015 - PRLog -- Two commercial land transactions in Buckeye totalling just over 54 acres, sold for $4,000,000 ($74,061 per AC) or $1.70 per SF. The buyer and seller were the same for both parcels and was part of a 1031 Exchange. Plans are to hold the properties for future investment.

Lee & Associates principals Mark Linsalata and Nate Bubeck represented the buyer, Western Properties, Inc. of Washington and Stein Koss and Tom Louer represented the seller, Sun State Builders of Tempe.

The two parcels are part of the Sundance development. Both parcels have frontage on Interstate 10 and are zoned for employment uses with the city of Buckeye.

For more information:

Mark Linsalata, Principal
602.912.3539; mlinsalata@leearizona.com

Nate Bubeck, Principal
602.954.3767; nbubeck@leearizona.com

Stein Koss, Principal, SIOR
602.912.3520; skoss@leearizona.com

Tom Louer, Principal, SIOR
602.954.3779; tlouer@leearizona.com

About Us:

Lee and Associates specializes in providing exceptional commercial brokerage services which include capital markets and investment services, industrial, office and land commercial brokerage to the Greater Phoenix and Arizona markets. The Phoenix office was established in 1991 and is now recognized as one of the most successful brokerage firms in the state. Each of our nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.