Tag: Sahuarita Sun

Arizona schools win big as state racks up $330M in land sales. See more state education news here

| January 8, 2019
Arizona schools win big as state racks up $330M in land sales. See more state education news here

Earlier this year, a piece of state-owned land in north Phoenix sparked an hourlong bidding war. The winner? Arizona school.

The 269-acre parcel in Desert Ridge sold for $79 million, about $25 million more than its appraised value. Since then, the Arizona State Land Department has been on a selling spree.

The agency charged with managing 9.2 million acres across Arizona sold more than $330 million in land during 2018. That’s up from $44 million in 2017.

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