Harvard Investments bought 25.69 acres of land in Goodyear for $10,500,000, according to the commercial real estate tracking website Vizzda. The cost of the land, located at the southeast corner of Estrella Parkway and Lower Buckeye Road in Goodyear, breaks down to $408,719.35 per acre.
The seller was El Dorado Holdings.
The brokers on the deal were Patrick Burch and John Klocek of ABI Multifamily.
Goodyear has become a hotbed for growth in the past several years.
Data shows that by several accounts, 2020 was somehow a year of growth in several markets. S&P 500 hit a historic high in September, eCommerce sales jumped by nearly a third, home sales are on track to exceed the previous year’s numbers, and lots of people moved to Goodyear and Buckeye in the West Valley.
Top Cities People Moved To in 2020 (Net Growth)
1. Boise, ID (+300%)
2. Venice, FL (+292%)
3. Georgetown, TX (+213%)
4. Goodyear, AZ (+135%)
5. Sarasota, FL (+126%)
6. Cape Coral, FL (+103%)
7. Simpsonville, SC (+94%)
8. Punta Gorda, FL (+76%)
9. Saint Augustine, FL (+75%)
10. Buckeye, AZ (+75%)