Tri Pointe Homes, one of the largest homebuilders in the nation, has acquired Vista Melrose from The True Life Companies (TTLC) through an assignment of purchase and sale agreements. Located on a 5.27-acre parcel in northern San Diego County’s Melrose Avenue corridor, this prime location offers access to numerous employment opportunities and local attractions.
According to Scott Menard, TTLC’s EVP, “Vista Melrose is a standout opportunity for housing due to its highly desirable location near the beach and convenient access to Riverside County and Orange County via major highways such as I-15, State Route 78 and Interstate 5.”
Scott Clark, chairman and CEO of TTLC adds that Tri Pointe Homes is the perfect partner for developing much-needed housing in Vista’s supply-constrained market. This exciting project will provide new homes for residents while also benefiting the city’s economy.
This news was originally published on Connect CRE.
