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04/28/07
Auction of prime acreage fizzles
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:29 pm

Developers showed up, some with checks in hand, but none bid Tuesday on 125 acres of prime state trust land in the Scottsdale Airpark area. The Arizona State Land Department was seeking a minimum bid of $549,000 per acre, or $68.5 million, for a 99-yearlease of the land northeast of Bell Road and Loop 101.  More…

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