April 26, 2024 4:03 am
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Carvana to scrap plans for new West Valley inspection center

By Audrey Jensen | Phoenix Business Journal

Plans for Carvana’s $65 million inspection and reconditioning center in Surprise are unlikely as the company faces potential bankruptcy and ongoing economic headwinds. 

Tempe-based Carvana Co. (NYSE: CVNA) initially purchased a 150-acre industrial site at the northeast corner of Cactus and Litchfield roads in 2021 with plans to build an inspection center to support its growth and the increased demand for used cars. Carvanapaid $25 million for the large parcel in Surprise’s industrial core. 

Read the full subscription story from the Phoenix Business Journal.

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