July 25, 2022 – Innovation Communities, LLC, purchased a ±38.02 Acre vacant parcel located at the Southeast corner of 59th Ave & Dobbins Rd, Phoenix, Arizona. The cash purchase price was $14,796,037 | $8.93/sf. The Sellers in this transaction were the Tyson Family LP and Damon Family. Innovation Communities is planning the site for a mix of 207 Apartments, 197 Single Family Build For Rent Units and a Commercial Town Center / Retail Plaza. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.