Carvana makes big West Valley land buy

By Audrey Jensen | Phoenix Business Journal

Online car reseller Carvana Co., which recently sought approval from Tempe to expand its headquarters, could be adding to its portfolio by building in the West Valley.

Sources with knowledge of the deal told the Business Journal that Carvana (NYSE: CVNA) plans to purchase about 150 acres on the northeast corner of Cactus and Litchfield Roads in Surprise. The sale closed on Monday.

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