Bob Parsons' company buys Westgate Entertainment District for $133M

Phoenix Business Journal

Bob Parsons, the billionaire GoDaddy (NYSE: GDDY) founder, is set to be the new owner of Glendale’s Westgate Entertainment District, the West Valley’s sports and entertainment destination, picking up the property for $133 million

Scottsdale-based YAM Properties LLC, founded by Parsons and part of his business conglomerate YAM Worldwide Inc., closed on a deal Tuesday to buy the 76-acre property at 6751 N. Sunset Blvd. in Glendale, from iStar (NYSE: STAR), which took control of the development…

Source: Commercial News