December 18, 2024 3:53 am
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Why Carvana purchased 150 acres in Surprise for a facility that could employ hundreds

By Audrey Jensen | Phoenix Business Journal

Newly released documents have revealed more details about why online car retailer Carvana Co. purchased 150 acres and what it could be envisioning for a new inspection center in Surprise.

In September, Tempe-based Carvana (NYSE: CVNA) purchased the Cactus Commerce Center on the northeast corner of Cactus and Litchfield roads for $25 million. The site was previously owned by Surprise/Dysart Properties LLC.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.