CASSIDY TURLEY SELLS 62.75 ACRES IN PHOENIX

PHOENIX — Cassidy Turley BRE Commercial has sold 177 partially completed lots that reside on 62.75 acres within Artesa, a master-planned subdivision. The lots were purchased for $3.18 million by Crown-Phoenix Artesa I, LLC, a subsidiary of New York-based Petrus Partners, which plans to hold the lots for investment. Will French and Brian Rosella of Cassidy Turley BRE Commercial’s Land Services Group represented the seller, the FDIC.