Tri Pointe Homes Buys About 40 acres near Brown Road and Val Vista Road in Phoenix

Reported Oct 29, 2026 · Source: AZ Big Media

Source: AZ Big MediaRead the full report at AZ Big Media ↗

Deal details

Buyer
Tri Pointe Homes
Seller
Not disclosed
Price
$20M
Size
approximately 40 acres
Asset class
Land
Transaction
Sale
Sub-market
East Valley (Tempe / Mesa / Chandler / Gilbert)
Metro
Phoenix
Reported date
Oct 29, 2026

Summary

“Tri Pointe Homes is selective about where we invest and what we can uniquely bring to a market, and Ascension adds something very intentional to our East Valley presence,” said Division President of Tri Pointe Homes – Arizona James Attwood. Located just west of the northeast corner of Brown Road and Val Vista Road, Ascension is anticipated to begin development during the fourth quarter of 2026, with sales currently projected to launch in the first quarter of 2028. Source: AZ Big Media.

Summarized from the article; the quoted lines below are from the article itself.

Source: AZ Big Media

Read the full report at AZ Big Media. What the article says:

  • Deal / Buyer
    “Tri Pointe Homes is selective about where we invest and what we can uniquely bring to a market, and Ascension adds something very intentional to our East Valley presence,” said Division President of Tri Pointe Homes – Arizona James Attwood.
  • Deal
    Located just west of the northeast corner of Brown Road and Val Vista Road, Ascension is anticipated to begin development during the fourth quarter of 2026, with sales currently projected to launch in the first quarter of 2028.
  • Price / Size
    Tri Pointe Homes today announced the $20 million acquisition of approximately 40 acres in East Mesa for Ascension.

Article date: 2026-10-29T19:00:12+00:00

Frequently asked questions

Who bought About 40 acres near Brown Road and Val Vista Road?
Tri Pointe Homes bought About 40 acres near Brown Road and Val Vista Road in East Valley, Phoenix, according to AZ Big Media.
How much did About 40 acres near Brown Road and Val Vista Road sell for?
The reported price is $20M, per AZ Big Media.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.