D.R. Horton, the largest homebuilder in the United States, has purchased a 41,000 square-foot office building on Price Corridor to expand their local operations. Located at 1890 S. Price Road, D.R. Horton is beginning tenant improvements this month and plans to complete their office buildout by April 2025. 

MORE NEWS: The 10 fastest-growing housing markets in Arizona

“We are thrilled to see another large Fortune 500 company like D.R. Horton commit to the office market in our coveted Price Corridor,” said Chandler Mayor Kevin Hartke. “Our Economic Development team continues to aggressively pursue office projects, and announcements like this will lead to continued momentum. We look forward to building a closer relationship with the D.R. Horton team in the years to come.”

“We are excited to have a permanent home for our Phoenix East Division within the City of Chandler. 1890 S. Price provides a convenient location for our team members as well as great access to all of our East Valley communities. We would also like to thank the City of Chandler and EQT Exeter for their hard work and collaboration on this transaction,” said Brent Davis, D.R. Horton Phoenix East Division President.

“We are honored to deliver D.R. Horton’s newest division office on the ever-dynamic Price Corridor of Chandler,” stated Scott Guo, Market Leader for EQT Exeter. “Working with the D.R. Horton team and their brokerage representative Transwestern has been a pleasure. A special thanks to the professional staff at the City of Chandler, who moved mountains to provide the necessary municipal support to facilitate this transaction. We see abundant future opportunities in Chandler and will continue to invest in and provide the highest quality real estate solutions in the City.”

D.R. Horton will share the same campus as Yield Engineering System, a full-building semiconductor supplier welcomed in 2022. On this Price Road campus, one office building at 1900 S. Price Road remains available for occupancy. The building has been fully renovated with new mechanical systems and spans 76,398 SF across three floors. 

A grand opening celebration for D.R. Horton is planned for Summer 2025 with further details to be announced at a later time.