Three major homebuilders acquire land near TSMC
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…