Mortgage And Real Estate News

Saturday, October 20, 2012

Apartment developer looks to close on Rural/Metro property

Rural/Metro Corp. will relocate the last remaining portions of its Scottsdale billing and call center to make way for a 261-unit apartment complex, at the northeastern corner of Indian School and Granite Reef roads.

Wood Partners, a developer of multifamily residences, is in escrow to purchase the 5.65-acre parcel from Rural/Metro, said John Berry, a zoning attorney working for the developer. The property originally was occupied by a grocery store and later was renovated to house Rural/Metro's operations in 1996.

Read more: Apartment developer looks to close on Rural/Metro property

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