Canadian developer adds to West Valley holdings with $10M buy

By Mike Sunnucks | Phoenix Business Journal

Canadian developer and homebuilder Melcor Developments has bought 196 acres west of Phoenix for just under $10.2 million.

Melcor Developments Ltd. (TSE: MRD) bought the West Valley land from Sunbelt Holdings.

Scottsdale-based Land Advisors Organization represented Edmonton-based Melcor in the land deal.

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