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Phoenix & Southwest  + Phoenix  + Industrial  | 
State Farm Stadium in Phoenix, Ariz.

21 Acres Near State Farm Stadium Sold

Interest in Avondale, Ariz., real estate continues to gain momentum, given recent headlines in the trades … and here’s another one. Near State Farm Stadium and West Loop 101, 21 acres has sold for $9.4 million. 

Business partners, Linda Fritz-Salazar and Angelessa Ritchie, represented the buyer in the transaction, Liv Communities. In turn, Liv Communities plans to build a 333-unit garden style, Class A apartment community with a retail component at this location.

As alluded to above, the facts are that the city of Avondale has seen a recent explosion of development – and employment. Around 8,000 new homes are already planned just south of Interstate 10. 

Avondale’s Estrella Mountain College is currently embarking on a $31-million-dollar expansion, and massive employers, such as AKOS Medical and Vantage Data Centers, have recently chosen Avondale to expand in, with more health and tech companies expected to join them. 


Inside The Story

Liv Communities

About Jason Middleton

Step 1: Select Education
  • ◦Sale/Acquisition