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03/17/07
Land in Fountain Hills fetches $110 million bid
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:17 am

Two square miles of Fountain Hills sold Thursday for $110.1 million, the second-most-expensive piece of state trust land ever auctioned by the Arizona State Land Department. The Ellman Cos. placed the winning bid, making the Phoenix firm one of the biggest land developers in the northeast Valley. More…

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