AZ State Land Auction Drawing Heavy Hitters

With Taiwan Semiconductor’s upcoming fab in north Phoenix sparking a land rush, the Arizona State Land Department gears up to auction prime real estate adjacent to the campus, totaling over 2,340 acres near Interstate 17 and Carefree Highway. Envisioned to accommodate a sprawling mix of industrial, office, retail, hospitality, and residential spaces, this auction is poised to draw significant interest from prominent developers like Mack Real Estate Group, W Holdings, and ViaWest Group, promising a fierce bidding war and a substantial boost to the region’s economic landscape.

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Source: ConnectCRE

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