By JLL Capital Markets
JLL Capital Markets announced it has been engaged by the City of Litchfield Park to market for sale a 7.03-acre, fee-simple development site in the heart of Litchfield Park.
Zoned for mixed-use and comprising seven lots within Litchfield Square, the property is positioned at the NEC of Litchfield Road and Wigwam Boulevard adjacent to Litchfield Park City Hall. The site is surrounded by residential neighborhoods, luxury golf resorts, and locally owned shops and restaurants. The site is proximate to regional parks and recreation areas. Additionally, the City has invested substantially into infrastructure for area streets and utilities, and there will be several parking garages for visitors and residents.
The JLL Capital Markets Investment Sales and Advisory team representing the City of Litchfield Park is led by Managing Director Brian Ackerman.
“This site is primed for what will soon become the city of Litchfield Park’s expanded downtown central core,” Ackerman said. “This development will help continue the success of the city and bring in patrons from other parts of metro Phoenix and visitors from outside the state.
The RFQ is available for download here, and the City requests responses by Friday Oct. 14. Ackerman is available for questions at 602-418-8821 or Brian.Ackerman@JLL.com.