MARANA, AZ (February 9, 2024) – The Quarry Pines Golf Club in Marana sold for $4.15 million ($69,000 per acre) in an all-cash transaction that closed on January 12, 2024.
Jones Lang Lasalle Brokerage and out-of-state cooperating broker Steven Ekovich, Executive Managing Director of LIPG, announced the sale of Quarry Pines Golf Club in Marana. Executive Managing Director Steven Ekovich was the Lead Golf Advisor for the transaction, representing the sellers, United Metro Materials and CEMEX. Senior Managing Director of LIPG, Terence Vanek represented the buyer, an East Coast apartment investor diversifying its portfolio.
Nestled in a former sand and gravel quarry's scenic expanse, Quarry Pines boasts an exceptionally distinctive 18-hole championship layout crafted by architect Gilmore Graves. This golf course seamlessly blends dramatic elevation shifts with breathtaking mountain vistas, creating a truly unparalleled experience in the Tucson region. Beyond the golfing experience, Quarry Pines showcases a +/-5,000 sq ft clubhouse. Additionally, the club includes a fully equipped golf shop offering the latest in branded apparel and top-tier equipment, a relaxed dining area for socializing, and a small banquet room.
The gross acreage that was sold is 165 acres, with 60 acres maintained.
For additional information, Ekovich should be contacted at 813.503.3118, and Vanek can be reached at 561.319.0060. Bill Honsaker at JLL Phoenix can be called at 213.446.5366.
To learn more, see RED Comp #11124.