April 26, 2024 11:28 am
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Battery manufacturer moves forward with land purchase in Phoenix metro for future facility

(Photo via City of Buckeye)

By Audrey Jensen | Phoenix Business Journal

Coeur d’Alene, Idaho-based KORE Power moved forward with buying a large parcel that will house its 1 million-square-foot battery manufacturing facility in Buckeye.

The lithium-ion battery manufacturer paid Glendale-based Mangat Group, a real estate investment and development company, close to $29 million for the 214 acres of agricultural land on the southeast corner of State Route 85 and Baseline Road just west of downtown Buckeye.

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.