Empire Group Acquires 9.7 Acres of Land in Central Phoenix for $9.35M, Plans to Build Residential Community
In two separate transactions, The Empire Group of Companies purchased a total of 9.7 acres of land south of the SWC 40th St & Indian School Rd in Central Phoenix for $9.35M.
Bakers’ Daughters I Limited Partnership, Baker Nursery, is the seller of +/-9 acres of the largest of the two transactions. The seller of the second transaction was a private residential property.
Empire Group plans to develop Arcadia Glen, an approved 55-lot residential community, at the location.
3414 N 40th St, Phoenix AZ