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Developer Plans CG Commerce Park near Thornton/Peters
Scottsdale-based real estate developer Dale Cavan has paid $2 million for 24 acres east of the northeast corner of Thornton and Peters roads in Casa Grande, with the intent to build an industrial park with several buildings covering up to 70,000 square feet.
Currently named the Casa Grande Commerce Park, the development will accommodate industrial needs in the area. The elongated land parcel is just east of the Daisy Brand plant and less than a mile away from the Walmart distribution center and Lucid Motors factory. It’s also less than 4 miles away from semiconductor supplier Chang Chun Petrochemical Group’s plant under construction, the first of multiple planned facilities.
Kirk McCarville of Land Advisors Organization represented Cavan in the deal and said he plans to build the park speculatively, making this the third such Continued on page 55