ZOM Living buys 20 acres in N. Phoenix for $34.9M

14February 2021

ZOM Living has acquired 20 acres of land at the northwest corner North 56th Street and Loop 101 in North Phoenix for $34,873,614 — or $1,743,680.70 per acre, according to the commercial real estate tracking website Vizzda. The land is on a commercial ground lease from the State of Arizona that commenced July 7, 1993, and terminated July 6, 2092. The State of Arizona was represented in the sale by brokers Beth Jo Zeitzer of!

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