By Land Advisors Organization
Land Advisors Organization announced the recent closing of a 20-acre parcel for $1.628M to Jing He Science, an industrial gas manufacturing company. The parcel, which is located at the SWC of Peters Road and Burris Road, is part of the 400-acre Barnes Farms Industrial Area in Casa Grande.
Land Advisors Organization’s advisors Michele Pino, Kirk McCarville and Trey Davis represented the buyer and the seller. Pino represented the buyer, Jing He Science Arizona, Inc. McCarville and Davis represent the seller, Barnes Farms Industrial Area.
The City of Casa Grande and Pinal County partnered on infrastructure assistance to help the project become a reality. The new tenant of The Barnes Farms Industrial Area is one of numerous suppliers to the semiconductor manufacturing industry expanding with new facilities in Casa Grande.
AZBEX Note: According to media reports citing Casa Grande municipal sources, Jing He’s project is in the preliminary stages and no site plans have been submitted.
The area is particularly attractive for the expansion of these facilities due to the forward-growth development environment, strong schools, rapidly growing employment base with training facilities, supportive government officials, land prices, the area’s overall connectivity to the I-8 and I-10 as well as its location on the Union Pacific Main Line.
