Virtua Partners announced Friday that it has acquired 21 acres of undeveloped land along Interstate 10 in Tolleson for a mixed-use development. 

The site, southeast of 91st Avenue and McDowell Road, will be developed by Quyp Development Services, an affiliate of San Diego-based Virtua. 

Plans call for two hotels, retail and apartments on the property, which has a quarter mile of freeway frontage.  The sale price was $2.5 million.

“We are excited to have the opportunity to develop this highly visible property,” said Quinn Palomino, a principal of Virtua Partners and Quyp Development. “Market conditions in the West Valley are strong and we expect growth to continue over the next few years.

Versant Commercial Brokerage Inc. assisted Virtua Partners with the property acquisition.

Cathy Cheshier from Property Dimensions Real Estate Group represented the buyer. 

Quyp Development has six projects in the Phoenix market, including sites in Mesa, Avondale, Goodyear, Peoria and Phoenix.