Land Advisors Organization’s broker Kirk McCarville represented the Buyer, Pinal County, in the transaction of 80 acres from Vernon Lester Barnes on December 21, 2018.
The 80 acres are being used by Lucid Motors to develop an $800 million plant, with engineers planning to break ground in March or April of this year. In the next 4-5 years, Lucid Motors is expected to employee 2,000 people in the Pinal area, to help with production of the Lucid Air Car.
For more information regarding the Pinal market and more specifically this transaction, contact Kirk McCarville at kmccarville@landadvisors.com.