Wednesday, October 31, 2007

Land Leased By Volkswagen Of America

Arizona State Land Department Announces Auction Success With Volkswagen Of America, Inc.

According to the Arizona State Land Department, Volkswagen of America, Inc paid $55 million dollars for a reported 25 year land lease on 11,900 acres. The land is located west of Gila Bend, Arizona. A new automobile proving grounds is planned for the property, says the Arizona State Land Department.