Pulte Homes Assembles New 144-Lot Subdivision in Marana for $3.33 Million

Pulte Newest Subdivision on 72 acres between Hartman Ln & Camino De Oeste in Marana

Marana, ArizonaPulte Home Company has closed on 72-acres at Camino De Oeste in two separate transactions. The aggregate purchase price was $3.33 million ($23,094 per lot).  The new community is located between Camino De Oeste and Hartman Lane in Marana, north of Cortaro Farms Road.

Ben Becker and Adam Becker with CBRE in Tucson represented Pulte in both transactions. The deal had been in escrow since October 2015 with Pulte rezoning the property from ‘C’ to R-6 and obtaining preliminary plat approval for 144 SFR lots. Approval of the final plat will now be submitted.

The preliminary plat shows an average lot size of 7,929-square-feet with a mixture of lots from 50′ and 60′ wide x 100′.

Kit Donley of Donley Commercial represented the seller, Redwing Investments, LLC of Tucson (Bud Cardinal, manager) for 19.55-acres of the subdivision assemblage. The second parcel included a 2,025-square-foot SFR. Ben and Adam Becker of CBRE also represented the seller.

For more information, Donley should be reached at 520.907.0955 and the Beckers can be contacted at 520.323.5100.

To learn more, login and see RED Comp #4797 and #4759.