Taylor Morrison buys vacant parcel in north Phoenix

(Disclosure: Rose Law Group represents Taylor Morrison.)

By Angela Gonzales | Phoenix Business Journal

Taylor Morrison Home Corp. (NYSE: TMHC) just plopped down $32.2 million in cash for a 156-acre parcel near Taiwan Semiconductor Manufacturing Co.’s $165 plant being developed in north Phoenix.

The Scottsdale-based homebuilder bought the property from MacEwen Ranch LLC in care of Sunbelt Holdings, paying $205,869.19 per acre, according to Tempe-based real estate database Vizzda LLC.

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