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The Phoenix skyline is getting an upgrade. Aspirant Development has acquired a two-acre land site in Downtown Phoenix with plans to develop the tallest building in Arizona. Aspirant Development purchased the property from Desert Troon for $9.2 million in an off-market deal.

Brent Moser and Mike Sutton, principals at Lee & Associates, brokered the land deal on behalf of the seller. Sutton described the deal as being the right time and the right place for Desert Troon. “Brent and I had a relationship with both the buyer and seller and connected the dots,” Sutton tells GlobeSt.com. “The attributes the property offered—including the size, allowed heights, allowed density and location—set the stage for an iconic project that we knew the buyer would find attractive.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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