Schoolhouse Development bought 30 acres of land in Mesa for $5,320,201, according to the commercial real estate tracking website Vizzda.
The land is located at the southeast corner of Sossaman and Pecos roads in Mesa.
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The land is zoned for light industrial use.
The sale price breaks down to $177,430 per acre.
The seller was Landmark Companies and the buyer was Schoolhouse Development, a leading developer of charter schools, with combined experience representing over 40 years in the charter school industry.