2.38 acres in Ahwatukee sell for $1.8M

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A 2.38-acre parcel of land in Ahwatukee was sold for $1.8 million for the construction of a self-storage facility at Desert Foothills Parkway and Marketplace Way, according to NAI Horizon, which worked on the deal.

NAI Horizon Senior Vice President Denise Nunez represented the land seller, Scottsdale-based 1784 Capital Holdings LLC in the deal. Scottsdale-based Moncap LLC purchased the land, and was represented by Matt Rinzler of Insight Land Investments.

“This parcel of land had been vacant for 32 years,” Nunez said. (Keep reading... )