(Disclosure: Rose Law Group represents Lennar.)
TUCSON, ARIZONA (October 4, 2024) — Lennar Arizona, (Ginger Kneup, Land Acquisition Manager) continued its aggressive land acquisition pace in Tucson as it paid just over $11,400,000 ($130,500 per lot) for 88 finished lots in the Rocking K master-planned community in Vail. The lots were 45’ X 120’ and located in Rocking K South Neighborhood BB. This closing is the first takedown in a total of 118 lots.
The lots were sold by Forestar (USA) Real Estate Group Inc. Forestar purchased this portion of Rocking K in 2021, which will include 510 finished lots developed in 5 neighborhoods.
This brings Lennar’s 12-month acquisition tally in Tucson to almost 1,100 lots and comes on the heels of another large purchase in Marana last week at Monarch.
Will White and John Carroll of Land Advisors Organization in Tucson handled the transaction.
