Crown West Realty, L.L.C. is a privately-owned real asset investment, development and management company with offices in New York, Phoenix, Denver, Tucson, Spokane, and Washington's Tri-Cities.

A subsidiary of Petrus Partners LTD in New York — Encanto 2020, LLC — has purchased 38 acres of land in Buckeye, Arizona for $2.4 million. Kidder Mathews Vice President Brian Rosella represented the seller, Mike Geddes with Jackencanto, LLC, in the transaction.

Development plans for the property, located at Jackrabbit Trail & Encanto Boulevard, include 103 residential lots and five acres of commercial space.

“The residential land market is still on fire as developers and builders are looking in all parts of the valley for more land to feed the continued influx of new residents moving to Phoenix,” said Rosella.

North Marana growth heats up as the area looks to be a major beneficiary of Tucson’s strong market

Land deals seem to be non-stop these days in this sub-market of southern Arizona and Real Estate Daily News decided to look deeper into what is driving this. We thought there was no better place to start than the company who has been the “go to” source in this area. Will White and John Carroll of Land Advisors Organization have been involved in a major portion of the activity in north Marana for decades and represent several of the area’s larger projects going forward.

We recently sat down with White to get his thoughts on all this activity in north Marana and to ask what