Granite paid $5.2 million, or about $94,545 per acre ($2.17 per sf), for the dirt. No leases have been signed. The developer is still negotitating for an anchor. Granite has been planning the project for two years.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.