Thank you for sharing!

Your article was successfully shared with the contacts you provided.

QUEEN CREEK, AZ-Las Colinas Golf Course, a championship 18-hole golf course on the fringes of Phoenix’s expanding metropolitan area, has been sold to a group of investors who are looking for a second golf course to add to their list of greens.

MainSpring Golf LLC, a venture formed by Main Spring Capital Group and several investors, purchased the 150-acre golf course at 21515 E. Village Loop Rd. from MainSpring Capital Group and Farallon Capital Management. The price was not available by publication time.

The course is part of the Villages of Queen Creek, a 1,700-lot subdivision in Queen Creek developed in 2001 by MainSpring Capital Group and Farallon Capital Management.

Mills Brown, one of the principals with Main Spring Capital Group along with Marty Farnsworth, Curtis Brown, Gerry Bloomquist, and Joe Bayer, tells GlobeSt.com that the investment group currently is hunting for a second low- to mid-fee priced public golf course to add to their portfolio. Buyer and seller handled the deal with in-house representatives.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.