Walton Global Acquires 12-Acre Parcel Near Tucson, Arizona


Walton Global Acquires 12-Acre Parcel Near Tucson, Arizona

Land Purchased in Marana to Support the Region’s Expanding Population 

Phoenix Business Journal Article

Marana News Article

Walton Global, a real estate investment and land asset management company, has just announced the 12.67-acre acquisition of Gladden Farms, a 26.52-acre parcel in Marana, Arizona, within the state’s strong path of growth. Gladden Farms is allocated for Walton Global’s Builder Land Financing program, which provides a solution to long-term inventory needs by acquiring opportune land identified by builders and developers. Slated for residential development, Walton Global has acquired 75 lots of Gladden Farms, which is estimated to consist of nearly 160 new homes at full build-out.  

The Gladden Farms site has demonstrated favorability for future residents, as it offers a short commute to Gladden Farms Elementary School, Marana Middle School and Marana High School, and its proximity to key highways provides access to Arizona’s economic hubs. The new community will be adjacent to the main interstate, I-10, which grants entry to major cities including Phoenix and Tucson.    

“Marana is one of the fastest growing communities in southern Arizona, and we’re excited to have the opportunity to supply the land for new home development and support this rapid expansion,” said Paul Bae, Vice President, Portfolio Management for Walton Global. “Gladden Farms is strategically situated within a booming economy and is a perfect candidate for our Builder Land Financing program, offering opportunity to homebuilders who wish to secure future land inventory in U.S. growth paths.” 

The Tucson region has become an increasingly desirable place to live and continues to see strong migration patterns, with a projected growth of 4% through 2028. The region has become a manufacturing, logistics and transportation hub due to its low business costs, access to I-10 and proximity to Mexico. With the recent arrival of energy and battery manufacturing companies, such as Sion Power Corp. and American Battery Factory, Tucson has become a battery capital within the U.S., boosting economic growth and providing clean energy to the city.  

Walton Global’s acquisition of Gladden Farms represents continued success for the company’s Builder Land Financing program, a land investment business line that was launched in 2020. This initiative was designed to help close the nationwide housing gap and to assist homebuilders in securing land assets until they are prepared to begin the horizontal development and vertical construction of new homes. 

This acquisition follows the announcement of Walton Global’s successful sale of Elena Trails, a 111.4-acre parcel in Maricopa, Arizona to the nation’s top homebuilder, D.R. Horton. Walton Global continues to seek opportunities for the Builder Land Financing program and to increase the housing supply in identified areas of growth across the country.