|Graphic via broker flyer|
Yesterday the southern 66 acres of the proposed Trailside at Happy Valley housing development sold to homebuilder Shea Homes. A partnership between TerraWest Communities and JEN Partners sold the land for just over $11.6 million, or nearly $177,000 per acre.
Phases 3 and 4 of Trailside at Happy Valley are proposed at 45 and 90 lots, respectively. The complete development is to total 361 lots on 162.8 acres near the southeast corner of Lake Pleasant Parkway and Happy Valley Road.
Vizzda subscribers: click here for the full report.
Not a Vizzda subscriber? Join now to get the fastest & most accurate commercial real estate data in the valley. Click here for more details.