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Arizona looking to sell land off Loop 101 freeway in Scottsdale, Phoenix

Arizona looking to sell land off Loop 101 freeway in Scottsdale, Phoenix

The Arizona State Land Department is looking to sell 394 acres of land in Scottsdale and Phoenix.

The parcels — which are slated for auction in April — are located off the Loop 101 freeway and are appraised at $137 million, according to State Land Commissioner Lisa Adkins.

Two parcels comprising 125 acres at Bell Road and the Loop 101 freeway in Scottsdale are up for auction.

That auction was originally slated for Tuesday but no bids were made, according to SLD spokesman Mark Scarp.

“The…

Source: http://feeds.bizjournals.com/industry_21

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