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March 29, 2024
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MULTIFAMILY NEWS
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Chandler, AZ Land Sold for Residential Development

5/30/18

An 18.8-acre development site in Chandler, AZ sold for $4.93 mil. The land, located at Gilbert Rd and Ocotillo Rd, was purchased by Scottsdale-based AV Homes of Arizona LLC. The buyer plans to build 43 residential lots (85’ x 130’) on the site.

Brian Rosella of Cushman & Wakefield represented the seller, Scott W. Morrison and Karen Panietz, co-trustees of Scott W. Morrison and Karen Panietz Charitable Remainder Trust.





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