Tag Archives: gilbert

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JEN Partners closes land deals in Gilbert

JEN Partners closed five separate land transactions totaling 163.79 acres and 569 lots, in the master planned community known as the Bridges at Gilbert – located just east of the northeast corner of Higley and Ocotillo Roads in Gilbert.   JEN Partners sold to local builders: Maracay Homes, Lennar, Taylor Morrison, David Weekly/TW Lewis, Shea, and Woodside for $23,114,317. All transactions were negotiated by Nathan and Associates Inc.

According to JEN Partners’ Mike Jesberger, “We’re pleased to work with these builders to bring the Bridges at Gilbert community to the marketplace.  We will continue to work together to develop the property and look forward to seeing it take shape.”

“Maracay is very pleased to join these other builders in developing this master planned community in the heart of Gilbert and the East Valley,” said Tom Lemon, Vice President of land acquisitions and development for Maracay Homes.

The Bridges at Gilbert community will include the following lots: 111, 45’x115’ lots on 24.42 acres purchased by Lennar; 97, 60’x120’ lots on 30.48 acres purchased by Taylor Morrison; 78, 80’x130’ lots on 35.49 acres purchased by David Weekly/TW Lewis; and 97, 45’x115’ lots on 20.49 acres purchased by Shea Homes.

JEN Arizona 5 LLC, a Land Banking entity controlled by JEN Partners and managed locally by TerraWest Communities, purchased the remaining 113, 50’x115’ lots and 73, 70’x125’ lots, totaling 52.9 acres for $7,886,163. Under separate Option Agreements JEN Arizona 5 LLC will sell the 73, 70’ lots and 67, 50’ lots to Maracay Homes and 46, 50’ lots to Woodside.

Sarah Palin

Palin will serve barbecue in Gilbert during campaign stop

One well-known Republican will not be at the Republican National Convention. Instead, former GOP Vice Presidential candidate Sarah Palin is starting the week in Arizona to campaign for her allies.

KSAZ-TV reports that Palin is scheduled to campaign Monday, Aug. 27 for 5th District Congressional candidate Kirk Adams in Gilbert. The two say they will serve barbecue at Joe’s Farm Grill.

Adams is running against former representative and gubernatorial candidate Matt Salmon.

Palin says she selected the Gilbert venue after seeing it featured on the Food Network’s “Diners, Drive-ins and Dives.”

Adams says Palin was very specific about keeping speeches under 10 minutes so she can meet guests.

Coldwell Banker

Coldwell Banker Residential Brokerage Expands

Coldwell Banker Residential Brokerage in Arizona announced that it welcomed to its team former members of The JW Realty Group in Gilbert.

Five real estate agents including broker owner Jason Witte have joined Coldwell Banker Residential Brokerage’s various offices throughout metro Phoenix, with Witte assuming a role as an associate broker in the company’s Chandler office.

“This is a strategic opportunity to strengthen our presence throughout the metro Phoenix region,” said Malcolm MacEwen, president and chief operating officer of Coldwell Banker Residential Brokerage in Arizona. “Jason and his team are deeply entrenched in the surrounding real estate market and will be a valuable addition for the Coldwell Banker Residential Brokerage team.”

Witte established The JW Realty Group in 2009 with a particular emphasis on providing clients in the metro Phoenix area with highly specialized information to guide the decision-making process in buying, selling or renting a home.

“With all the technology that Coldwell Banker Residential Brokerage has to offer, I am pleased to become part of this widely respected company,” Witte said. “After weighing everything very carefully, the choice was clear. From the professionalism and quality of the agents to the tools and name recognition, Coldwell Banker Residential Brokerage is a marketplace leader for a reason.”

For more information on Coldwell Banker Residential Brokerage, visit Coldwell Banker’s website at azmoves.com.