A 5.87-acre land parcel at 460 W. McKellips Rd. in Mesa sold for $1,400,000 to an Oregon buyer with plans to build an industrial packing facility. Price per SF was recorded at $5.47.
The utility improved, M-1 and M-2-zoned industrial parcel sits adjacent to the Loop 202 Freeway right at the full-diamond interchange at Country Club Dr.
Lee & Associates principals worked both sides of this transaction. Steve Farrell represented the seller, RDH Madison Holdings, LLC of Casa Grande while Matt McDougall represented the buyer, Dulcich Realty, LLC of Clackamas, OR.
Dulcich Realty is affiliated with the Pacific Seafood Group, one of the largest seafood companies in North America. Dulcich Realty is exploring a build-to-suit opportunity for the land parcel for a seafood distribution center for the Arizona market.