Arizona
BNSF scoops up land around Arizona project site – KTAR.com
BNSF is quietly scooping up Wittmann properties around an already sprawling site where the railway giant has long planned to build a $3.2 billion logistics park.
The company this month acquired 55.95 acres across 14 transactions totaling $9,033,750, according to Maricopa County property records. One seller told the Phoenix Business Journal they were unable to disclose more information as they signed a non-disclosure agreement with the Texas rail giant, while other sellers could not be reached for comment on Tuesday.
One transaction involved a property purchased in June 2025 for $95,000, which was then sold to BNSF in January for $150,000.
Lena Kent, a company spokesperson, confirmed in an email statement that the company recently purchased additional land in Wittmann adjacent to its existing property.
“This purchase included homes surrounded on all three sides by land BNSF already owned,” Kent said. “Given the proximity of these homes to Logistics Park Phoenix, BNSF believed acquiring the properties was a responsible and appropriate step, and we completed the transaction with willing sellers.”
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.