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Spectrum Ridge Lots Trade in Phoenix for $8.5M

Turner Development Purchases 51 Acres for Future Office / Flex Project
By Shane Beyer
April 13, 2011 | 11:51 AM

TOF DV Bixby LLC, a company formed by Turner Development Corp., acquired 50.58 acres in the Spectrum Ridge at Deer Valley in Phoenix, AZ from ATC Realty One, an affiliate of Wells Fargo, for $8.5 million, or about $168,050 per acre.

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