Arizona. Located on the southeast corner of Estrella Parkway and West Lower Buckeye Parkway, the 25.6-acre site in a designated Opportunity Zone and contiguous to the spring training facilities for the Cleveland Indians and Cincinnati Reds spring training facility.
ABI Multifamily’s Patrick Burch and John Klocek represented the buyer and seller in this transaction. The buyer is Harvard Investments, an Arizona-based Real Estate Firm. Craig Krumwiede, President and CEO of Harvard Investments says, “We are excited to add this site to our growing portfolio of quality build-to-rent communities and we are looking forward to starting construction.”