Lennar buys first phase of MPC

(Disclosure: Rose Law Group represents Lennar.)

By Angela Gonzales | Phoenix Business Journal

Miami-based Lennar Corp. (NYSE: LEN) is the first homebuilder to buy land at a new 1,043-acre master-planned community under development along Sun Valley Parkway in Surprise.

Lennar took the entire first phase totaling 309 acres at the master-planned community named Surprise Foothills, with plans to build 846 homes.

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