Triangle Brick: Triangle Brick, neighbors sell 100 acres at 'Brickyard' site in Cary for $20M

Durham-based Triangle Brick Co. and two of its neighbors owning property at the Cary intersection of I-540 and N.C. 55 have sold their assemblage of 100 acres of land to an Arizona-based home building company for $20 million. Meritage Homes (NYSE: MTH) of Scottsdale, Ariz., finalized the purchase of the property on Friday, which ranks as one of the largest land assemblage purchases by a home builder in Wake County so far in 2015. A subdivision plan initiated for the property by a different home...