Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
April 2025
S M T W T F S
« Oct    
 12345
6789101112
13141516171819
20212223242526
27282930  
05/27/07
Scottsdale land auctioned for $68.5 million
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:29 pm

SCOTTSDALE - Scottsdale Vistella LLC placed the winning bid of $68.5 million Thursday for 125 acres of undeveloped state trust land northeast of Loop 101 and Bell Road. The developer of offices and assisted living homes in the Valley and New York was the only firm that bid on the land, which also was appraised at $68.5 million, or $549,000 per acre. When the land was first put up for action by the Arizona State Land Department last month there were no bidders.  More…

Leave a Reply