A former Chrysler testing provider for automotive testing outside of Phoenix, Arizona, which has been rumored to be used by Apple, was recently bought for $ 125 million by the firm that has leased it for the past five years. , seconds AZ Big Media.
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In 2017 it was reported that a company named Route 14 Investment Partners LLC had signed a lease to use the facility, with rumors suggesting that Apple was behind the deal, although there was no definitive proof of the link. Route 14 is represented by the office of the Phoenix law firm, Greenberg Traurig, which hides the real property of the company.
Route 14 has now exercised an option to purchase the property, which consists of 34 separate packages, for $ 125 million in cash. The purchase agreement is dated June 25, 2021, with the deed and assumption of an existing development agreement with the City of Surprise, both dated July 30 and seen by MacRumors.
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We haven’t yet been able to specifically link Apple to Route 14, but it’s clear that whoever is behind the company has deep pockets and a long-term interest in testing facilities.
Rumors about Apple’s work on autonomous driving systems and real electric vehicles have diminished and flowed in recent years. This week’s most recent report stated that Apple has been visiting Toyota with the aim of developing a network of suppliers with the aim of producing an Apple-branded car from 2024.
(Thanks, Jacob!)
Highlights
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