TRANSACTIONS

$700 million sale and lease for Lucid Motors

$700 million sale and lease for Lucid Motors

Landmark Title handled the sale and lease transaction for Lucid Motors

for new electric car factory in Casa Grande with a finished value of approximately $700 million. The transaction was in escrow for 3 ½ years and involved an assemblage of 9 separate parcels of land from multiple owners, a resale to Pinal County and concurrent lease to Lucid.