Aspirant Development Acquires 3.9-Acre Land In Phoenix For $13M

The sale involved a 3.9-acre land parcel located at 1500 North Central Avenue in Phoenix, AZ. The property was sold from Donnelley Financial to Aspirant Development for a total sale price of $13,000,000.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $13,000,000
• Buyer: Aspirant Development
• Seller: Donnelley Financial
• Buyer's Representative: Ray Cashen - Cashen Commercial
• Seller's Representatives: Jonathan Larsen, Mark Seale & Sally Zesut - Avison Young

Avison Young played a key role in facilitating the transaction, acting as the representative for the seller, Donnelley Financial. On the buyer's side, Ray Cashen of Cashen Commercial represented Aspirant Development in the acquisition of the 3.9-acre land parcel. The deal showcases the collaboration between prominent real estate professionals in Phoenix, AZ.