Indicap, Colmena Group and Langley Properties have officially acquired 311 acres of land at the northwest corner of Power Road and Warner Road in Gilbert for $107,500,000. This all-cash deal will be used to develop “The Ranch” – a billion-dollar mixed-use project that includes industrial, retail, office and residential components. The site planning and design phase is underway with a groundbreaking scheduled for the third quarter of 2024. Additionally 16+ acres are dedicated to green space consisting of trails and landscaping as a transition from Morrison Ranch neighborhood.
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR