Three major homebuilders acquire land near TSMC

(Disclosure: Rose Law Group represents Lennar, Shea Homes, and Toll Brothers.)

By Phoenix Business Journal

Three major homebuilders have teamed up to buy nearly 300 acres of state land in Peoria.

California-based Shea Homes, which was the applicant for the Arizona State Land Department auction held Nov. 25, selected Lennar Corp. (NYSE: LEN) and Toll Brothers Inc. (NYSE: TOL) to buy the state land and build 700 homes on the site at the northeast corner of Dixileta and Litchfield road alignment.

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December 3, 2024

Client News, Lennar, Shea Homes, Toll Brothers

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