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MARICOPA COUNTY, ARIZ. — Phoenix-based Drexler Enterprises has completed the disposition of a 12.3-acre development site located at the northwest corner of Loop 202 and Baseline in Maricopa County. LGP Enterprises, a commercial developer, acquired the site for $2.2 million.
Zoned for commercial development, the land parcel is part of a new stretch of the Loop 202. Details on the buyer’s plans for the site were not disclosed.
Brian Rosella of Kidder Mathews represented the seller in the transaction.