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ARIZONA BUSINESS

Huge chunk of north Phoenix land sells to Scottsdale developer for auto mall

Scottsdale-based De Rito⁠ Partners acquired a 130-acre site within Halo Vista from Mack for $67,376,129 on Sept. 23.

Halo Vista is underway directly outside of TSMC's north Phoenix complex. (Jim Poulin/Phoenix Busine...

Halo Vista is underway directly outside of TSMC's north Phoenix complex. (Jim Poulin/Phoenix Business Journal)

(Jim Poulin/Phoenix Business Journal)

The first large chunk of land within Halo Vista⁠, the 2,300-acre mixed-use development surrounding the TSMC⁠ campus in north Phoenix, has traded hands from Mack Real Estate Group to another developer.

Scottsdale-based De Rito⁠ Partners acquired a 130-acre site within Halo Vista from Mack for $67,376,129 on Sep. 23, according to Maricopa County property records.

The site is located at the southwest corner of Interstate 17 and Carefree Highway and is where a car dealership complex is planned.

That auto mall will include 11 separate dealership lots, with eight already accounted for, according to a statement from De Rito Partners.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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