D.R. Horton, known for being the largest homebuilder in the United States, has made a significant move by purchasing a 41,000-square-foot office building along Chandler's Price Corridor, a choice that marks an expansion of their local operations. As detailed in a statement made by the City of Chandler, the company is set to begin tenant improvements immediately with a target completion date set for April 2025.
Chandler Mayor Kevin Hartke expressed his enthusiasm for the transaction, praising the move by stating, "We are thrilled to see another large Fortune 500 company like D.R. Horton commit to the office market in our coveted Price Corridor," notably adding that this acquisition will fuel momentum for future office projects in the area, as per the City of Chandler. Brent Davis, D.R. Horton Phoenix East Division President, voiced a similar sentiment regarding the strategic location of the new division headquarters, pointing to the benefits for team members and the proximity to East Valley communities, their statement attested to the collaboration between D.R. Horton, the City of Chandler, and EQT Exeter for their roles in facilitating the deal.
The company’s foundation in 1978 and its rise to being the top builder by volume in the U.S. since 2002 is a story of consistent commitment to delivering top-quality homes, exhibiting leadership through design innovation and superior craftsmanship, according to the City of Chandler. Meanwhile, EQT Exeter, with over 450 industry professionals and a global footprint, prides itself on owning and managing a vast portfolio of logistics, industrial, office, life science, and residential properties.
