In recent years, Arizona has become a popular destination for land purchases, particularly among developers, investors, and individuals seeking to build their dream homes. In the past few months, several large land purchases have been made in Arizona, all exceeding the $3,000,000 mark. Here are some of the most notable recent land purchases in Arizona.

One of the most significant land purchases in Arizona in recent months was made by the Defer Gain Group, which acquired over 10,000 acres of land in Pinal County for $40 million. The group plans to develop the land into a master-planned community that will feature residential, commercial, and industrial spaces.

Another notable land purchase was made by the California-based developer, FivePoint Holdings, which bought over 1,300 acres of land in Casa Grande for $51 million. The land is located near the Phoenix-Mesa Gateway Airport and is expected to be developed into a mixed-use community with residential, commercial, and industrial properties.

In addition, the Phoenix-based real estate investment firm, Harvard Investments, acquired over 1,100 acres of land in Pinal County for $28.2 million. The land will be developed into a master-planned community that will feature parks, trails, and recreational spaces.

Another significant land purchase in Arizona was made by the Phoenix-based real estate firm, Avison Young, which acquired a 153-acre parcel of land in Mesa for $35.5 million. The land is located near the Falcon Field Airport and is expected to be developed into a mixed-use community that will include office, retail, and residential properties.

Finally, the Canadian investment firm, Brookfield Asset Management, acquired over 3,200 acres of land in Pinal County for $54.6 million. The land is located near the Phoenix-Mesa Gateway Airport and is expected to be developed into a master-planned community with residential, commercial, and industrial properties.

These recent land purchases in Arizona demonstrate the continued demand for land in the state, particularly in areas that are seeing significant growth and development. As more investors and developers flock to Arizona, it will be interesting to see how the state's real estate market continues to evolve and expand in the coming years.