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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. 

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About Jason Middleton

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