GILBERT, AZ—Cassidy Turley, a leading commercial real estate provider in the U.S., has completed the sale of approximately 39 acres the primary entrance for the master planned community of Morrison Ranch. Higley & 202, LLC (Gabel Investments, Inc.) purchased the land for $6.38 million from Moat Limited Partnership. The sale transaction, from listing to closing, was completed in 45 days. Brent Moser, Mike Sutton and Brooks Griffith with Cassidy Turley's Land Group represented the buyer. Kent Hanson, with Cassidy Turley's Industrial Group, consulted on the transaction.
The property has RU-43 County zoning and the Town of Gilbert's General Plan shows business park. Surrounding amenities include Santan Village Mall, Agritopia and the Phoenix-Mesa Gateway Airport. Gabel Investments plans to hold the property for investment purposes.
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
