largest homebuilder "Lennar" purchases 444 lots near TSMC for $60M
title: "Lennar snags 132 acres (444 lots) near TSMC for $60M" (117th ave) url: "https://ktar.com/arizona-business/lennar-444-lots-tsmcs-phoenix-60m" author: "KTAR.com"
Lennar snags 444 lots near TSMC’s $265B Phoenix project for $60M
(Photo via Phoenix Business Journal)
One of the nation’s largest homebuilders has secured 444 lots near the Taiwan Semiconductor Manufacturing Co.’s $265 billion development in north Phoenix.
AGWIP Asset Management, land banker for Miami-based Lennar Corp. (NYSE: LEN), plopped down $60.14 million in cash for the land spanning 132.24 acres near 117th Avenue and the Deer Valley Road alignment on Maricopa County land, according to Tempe-based real estate database Vizzda LLC.
Closing on Sept. 15, the seller in the transaction is Phoenix-based Aroundtown Agua Fria LLC, which plans to bring an additional 2,000 lots in that surrounding area to market within the next three years.
Lennar could not be reached for comment.
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.
6 replies
$800K houses sitting on $135K lots.
Acrrs
thank you
Was it your mistake?
i can only assume you mean AI. no its not AI . AI would not mess that up.
funny that i could do what alot of people do, which is intentionally leave mistakes to mess up AI scrapers. the thought crossed my mind. but im not really super anti-AI
No I meant you vs the article.