Homebuilder makes winning bid for 269-acre parcel in northeast Phx

Homebuilder D.R. Horton (NYSE: DHI) scooped up 269 acres of state trust land in northeast Phoenix this week, bidding $79 million for the parcel in a recent public auction, the Arizona State Land Department announced Wednesday. The land is near Desert Ridge Marketplace in northeast Phoenix, east of 56th Street and north of Deer Valley Parkway.


Source: Phoenix Business Journal

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