42-acre site at 7th Avenue and Happy Valley Road Sells for $45.6M in Phoenix

Reported Oct 26, 2026 · Source: Rose Law Group Reporter

Source: Rose Law Group ReporterRead the full report at Rose Law Group Reporter ↗

Deal details

Buyer
entity tracing to JCW Development and Ares Management
Seller
multiple owners, most previously REA Development
Price
$45,629,174
Size
42 acres
Asset class
Land
Transaction
Sale
Sub-market
North & Northwest Phoenix
Metro
Phoenix
Reported date
Oct 26, 2026

Summary

A prime 42-acre vacant industrial site in Deer Valley traded hands to a new developer on Oct. An entity tracing to Wisconsin-based JCW Development and Los Angeles-based Ares Management Corp. purchased the land at the southeast corner of 7th Avenue and Happy Valley Road from multiple sellers for a total of $45,629,174, according to Maricopa County property records. Source: Rose Law Group Reporter.

Summarized from the article; the quoted lines below are from the article itself.

Source: Rose Law Group Reporter

Read the full report at Rose Law Group Reporter. What the article says:

  • Deal / Size / Buyer
    By Phoenix Business Journal A prime 42-acre vacant industrial site in Deer Valley traded hands to a new developer on Oct. 19. An entity tracing to Wisconsin-based JCW Development and Los Angeles-based Ares Management Corp. purchased the land at the southeast corner of 7th Avenue and Happy Valley Road from multiple sellers for a total […]
  • Deal
    A prime 42-acre vacant industrial site in Deer Valley traded hands to a new developer on Oct.
  • Price
    An entity tracing to Wisconsin-based JCW Development and Los Angeles-based Ares Management Corp. purchased the land at the southeast corner of 7th Avenue and Happy Valley Road from multiple sellers for a total of $45,629,174, according to Maricopa County property records.

Article date: 2026-10-27T17:01:42+00:00

Frequently asked questions

How much did 42-acre site at 7th Avenue and Happy Valley Road sell for?
The reported price is $45,629,174, per Rose Law Group Reporter.
When was this sale reported?
Reported Oct 26, 2026 by Rose Law Group Reporter.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.