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USAA Real Estate Company Announces Home Depot Development in Phoenix, Arizona
September 11, 2009 - (RealEstateRama) -- USAA Real Estate Company, in development partnership with Seefried Industrial Properties, Inc., announced the acquisition of 46.12 acres of land in Tolleson, Arizona for the build-to-suit development of a 465,600-square-foot regional distribution center. Home improvement specialty retailer Home Depot, Inc. signed a 20-year lease to occupy the space upon completion. The transaction price has not been disclosed.
