The San Diego regional office of Shea Homes has purchased 17 land lots in Carlsbad for $6.15 million, according to brokerage company Lee & Associates, which represented the seller.

Special Section: Local Business Spotlight

The seller of the lots, Robert Miles Living Trust of Carlsbad, was represented by Lee & Associates principals Matt Weaver, Patrick Miller and Al Apuzzo. Shea Homes represented itself.

The lots total 5.3 acres off Pio Pico Drive at Las Flores Drive, according to CoStar Group and public data.

Los Angeles-based Shea Homes is the nation’s largest privately owned homebuilder, with several active developments in San Diego County and elsewhere in California. Shea plans to build 17 single-family homes on the Carlsbad lots.
    The Business Journal is the premier business publication in San Diego. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Every story is a dose of insight into how to run a better, more efficient, more profitable business.