Westland Properties Group

480.443.8570  |  info@westland-properties.com

RSSRecently Closed Transactions

Tristanos

Print
May 15, 2020 – Windes Farms LLC, a MAK Construction entity, purchased a partially developed single family subdivision called Tristanos, located at the Northeast corner of 27th Ave & Dobbins Rd, Phoenix, Arizona. The site was originally planned and partially developed for 40 Lots | 80’ x 130’ but has been replanned as 46 Lots | 70’ x 130’.  The cash purchase price was $1,124,750 | $24,451/Partially Developed Lot.  The Seller was Lexin Tristanos, LLC, a Lexin Capital entity.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

W Ranch

Print
April 28, 2020 –  Sage Land Holdings, LLC purchased the ±10.65 Acre W Ranch site located East of the Northeast corner of Bullard Ave & Waddell Rd, Surprise, Arizona.  The site is being planned for 24 Single Family Lots | 70’ x 122.5’.  The purchase price was $560,000 | $52,582/Acre | $1.20/sf | $23,333/Platted & Engineered Lot.  The Seller in this transaction was Empire Residential Communities Fund II, LLC.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Seller in this transaction.
__________________________________________________________________________________________________________________________________

TruGold

Print
April 8, 2020 – NPC Trugold LLC purchased a ±20.54 Net Acre site located South of the Southwest corner of Cotton Ln & Waddell Rd, Surprise, Arizona. The project will be called TruGold and is planned for 244 Single Family “Build For Rent” units and is being developed for the new owners by Hancock Communities.  The land purchase price was $3,650,000 | $177,702/Net Acre | $4.07/sf | $14,959/Planned Unit.  The Sellers is the James & Lois Truman Trust.  Grant D. Helgeson and Don McCaul of the Westland Properties Group assisted in the closing of this transaction.
__________________________________________________________________________________________________________________________________

Somerset

Print
December 2, 2019 – Reserve 100, LLC, a Blandford Homes entity, purchased 41 Developed Lots with a typical lot size of 90’ x 148’ within the Somerset Master Plan, located at the Southeast corner of Greenfield Rd & Pecos Rd, Gilbert, Arizona.  The cash purchase price was $10,660,000 | $260,000/Developed Lot.  The Seller in this transaction was Somerset Development Group, Inc.  Grant D. Helgeson and Don McCaul of the Westland Properties Group assisted in the closing of this transaction.
__________________________________________________________________________________________________________________________________

Village at Tres Rios Landing

Print
November 26, 2019 – WJH, LLC / Wade Jurney Homes, purchased 50 Developed Lots with a typical lot size of 40’ x 80’ within The Village at Tres Rios Landing subdivision located South of the Southeast corner of  Buckeye Rd & Dysart Rd, Avondale, Arizona.  The cash purchase price was $2,000,000 | $40,000/Developed Lot.  The Seller in this transaction was Palo Duro Homes, LLC.   Grant D. Helgeson and Don McCaul of the Westland Properties Group were the procuring brokers in this transaction.
__________________________________________________________________________________________________________________________________

Keystone Fountain Hills

Print
October 10, 2019 – Keystone at Fountain Hills LLC (Keystone Homes) purchased a ±12.25 Acre site located East of the Southeast corner of Fountain Hills Blvd & Palisades Blvd, Fountain Hills, Arizona.  The cash purchase price was $4,600,000.  Keystone Homes has approvals to develop 174 Detached Rental Homes on the property. The Seller in this transaction was GB Investments, Inc. (Basha family).  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented Keystone Homes in this transaction.
__________________________________________________________________________________________________________________________________

The View

Print
July 12, 2019 – The View Carefree Townhomes LLC, managed by Jim Shelly, purchased The View, a ±2.75 Acre infill property located near the intersection of Cave Creek Rd & Tom Darlington Dr in Downtown Carefree, Arizona.  The site is approved for 30 Townhomes.  The cash purchase price was $2,813,995 | $93,800/Approved Townhome Lot.  The Seller in this transaction was Carefree Residential, LLC, a subsidiary of Inca Capital.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

Seven Desert Mountain

Print
June 21, 2019 – Family Development completed their initial takedown of 10 Developed Condominium Units at Seven Desert Mountain, the last undeveloped residential parcel within the Desert Mountain Master Plan, located at Cave Creek Rd & Pima Rd, Scottsdale, Arizona.  The purchase price was $3,240,000 | $324,000/Developed Condominium Unit. The Rolling Option purchase will consist of 45 total Condominium Units.  The Seller in this transaction was DM 19, LLC. Grant D. Helgeson & Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
__________________________________________________________________________________________________________________________________

Canyon Trails

Print
June 10, 2019 – NPC Canyon Trails I, LLC – an entity affiliated with Hancock Communities – purchased Canyon Trails, a ±22.2 Acre Build For Rent site at the Southwest corner of Cotton Ln & Van Buren St, Goodyear, Arizona.  The cash purchase price was $3,687,312 | $14,127/Unit.  The site is planned for 261 Single Family Rental Units | 11.8 DUA. The Sellers were Fullmer 155, LLLP, Browns Point Properties, LLC and Cotton & Citrus, LLC.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
__________________________________________________________________________________________________________________________________

Cactus Glenn

Print
June 10, 2019 – AMH Development, LLC purchased 34 Platted & Engineered Lots | 60’ x 100’ | 4.2 DUA within Cactus Glenn, an ±8.07 Acre site located North of the Northwest Corner of 59th Ave & Cactus Rd, Glendale, Arizona.  The cash purchase price was $1,382,750 | $40,670/Platted & Engineered Lot.  The Seller in this transaction was Empire Residential Communities Fund II, LLC.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

Laveen Gardens

Print
April 15, 2019 – Gehan  Homes of Arizona purchased Laveen Gardens, a ±10.4 Gross Acre site located South of the Southwest corner of 27th Ave & Southern Ave, Phoenix, Arizona.  The site is Platted & Engineered for 51 Lots | 45’ x 120’ | 4.9 DUA.  The cash purchase price was $835,000 | $16,372/P&E Lot.  The Seller in this transaction was Laveen Gardens, LLC.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

Nauvoo Station

Print
January 3, 2019 – Newcastle Development purchased 28 Developed Lots | 100’ x 120’ within the Nauvoo Station Master Plan, located at Crismon Rd & Ocotillo Rd, Queen Creek, Arizona.  The cash purchase price was $2,632,000 | $94,000/Developed Lot.  The Seller in this transaction was Land Holding Investment Co, LLC, a Blandford Homes entity.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

Reflection Bay

Print
October 12, 2018 – Mattamy Homes completed their initial lot takedown within the Reflection Bay gated community within the Estrella Master Plan, Elliot Rd & San Miguel Dr, Goodyear, Arizona.  This Rolling Option purchase will consist of 67 total Developed Lots | typical lot size: 55’ x 125’. Mattamy Homes is responsible for balance of remaining Subdivision Improvement costs. Mattamy Homes is scheduled to close escrow on the balance of the lots within 36 months.  The Seller in this transaction was TCC Estrella, LLC.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.
__________________________________________________________________________________________________________________________________

Villas at South Mountain

Print
October 10, 2018 –  Aspen Capital Investors, LLC, purchased the Villas at South Mountain site, located South and West of the Southwest corner of Central Ave & Dobbins Rd, Phoenix, Arizona. The cash purchase price was $600,000 | $24,000/Platted & Engineered Lot. The site consists of 25 Platted & Engineered Lots | 45’ x 110’ – 132’.  Juergen and Renade Hesels were the Sellers.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Buyer in this transaction.
__________________________________________________________________________________________________________________________________

Priest & Warner

Print
July 27, 2018 – Hines Interests LP purchased a ±4 Acre parcel located North of the Northeast corner of Priest Dr & Warner Rd, Tempe, Arizona. The cash purchase price was $1,686,400 | $421,600/Acre.  The Seller in this transaction was The McRae Group.  Hines is planning a Mini-Warehouse / Rental Storage Facility on the property.  Grant D. Helgeson and Don McCaul of the Westland Properties Group represented the Seller in this transaction.
__________________________________________________________________________________________________________________________________