Shea Homes buys vacant parcel in Mesa

(Disclosure: Rose Law Group represents Shea Homes.)

By Angela Gonzales | Phoenix Business Journal (Photo via Shea Homes Facebook)

Shea Homes just paid $36.48 million in cash for land in Mesa just south of the popular Cadence at Gateway master-planned community, with plans to build nearly 700 homes.

Plans call for developing the community in two phases, said Dave Garcia, vice president of land acquisitions and development for the Scottsdale-based homebuilder.

Read the full subscription story from the Phoenix Business Journal.

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