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real estate

Shea Homes buys 280 acres in Peoria

Homebuilder planning for residential housing on Dixileta Road

Another swath of land has been bought in Peoria via a state land auction.

This time it was homebuilder Shea Homes who purchased 280 acres for $46.89 million on Nov. 25, at the northeast corner of Dixileta Road and the Litchfield Road alignment.

Shea Homes was the lone bidder.

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