Orion Investment Real Estate Negotiates Sale of 18.5-Acre Commercial Development Site in Arizona
SURPRISE, ARIZ. — Orion Investment Real Estate, along with Property Dimensions Real Estate Group, has arranged the sale of an 18.5-acre commercial land site located at the northwest corner of Litchfield and Cactus roads in Surprise. Veramonte Land Holdings sold the parcel to Terry B. Brodkin & Associates, as 18.5 Litchfield & Cactus LLC, for $2.2 million.
The buyer is working with LGE to develop high-quality flex space at the back of the property, while frontage is being sold off as retail pads.
Judi Butterworth of Orion and Cathy Cheshier of Property Dimensions represented the seller in the transaction.