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Texas Pacific Land Shares Surge 2.52% on Phoenix Office Campus Sale!

Friday, Jun 6, 2025 2:59 pm ET1min read

Texas Pacific Land Corporation rose 2.52% intraday, with the company potentially benefiting from the sale of a 22.6-acre office campus in PhoenixPHOE--, Arizona. The sale, arranged by NewmarkNMRK--, involves the development of a new industrial park, which could increase demand for land in the area. Additionally, Pegatron's evaluation of a U.S. factory plan, with considerations for land and labor costs, may also positively impact Texas Pacific Land Corporation's stock price.

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