Taylor Morrison bought 165.78 acres of land in Glendale for $29,500,000, according to the commercial real estate tracking website Vizzda.
The land is located at northeast corner of 91st Avenue and Camelback Road in Glendale.
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Taylor Morrison is planning to use the land for Phases 2 and 3 of Stonehaven, a proposed 628-lot single-family subdivision on 165.78 acres.
The seller was Jacob F. Long.
The brokers were Bret Rinehart, Ryan Semro, and Greg Vogel of Land Advisors.