Pulte Group Acquires Lots, Undeveloped Residential Land within Snoqualmie Ridge II

BELLEVUE, Wash., Dec. 27, 2010 /PRNewswire/ -- Snoqualmie Ridge II Development LLC (a joint venture of Quadrant Homes and Murray Franklyn Family of Companies) jointly announced the sale of residential lots and other undeveloped residential land within Snoqualmie Ridge II (SRII) to Pulte Group.  

"This is an opportunity for the Pulte Group to establish an ongoing relationship with both Murray Franklyn and Quadrant, two of the Pacific Northwest's most established and well respected home builders," said John Ochsner, the company's Pacific Northwest Division President.

Both Quadrant Homes and Murray Franklyn will continue to build homes in the community and will retain ownership and Lead Developer role in the Commercial/Retail parcels yet to be developed in Snoqualmie Ridge.  Both Quadrant and Murray Franklyn welcome the addition of Pulte Group to Snoqualmie Ridge and the product mix and pricing brought by the nationally-recognized homebuilder.  

About Quadrant Homes

More Washingtonians live in a Quadrant home than in one constructed by any other builder.  Quadrant Homes, a subsidiary of Weyerhaeuser Real Estate Company, is now in its 40th year of award-winning home building in the Puget Sound region.  Quadrant's "Built Your Way" approach encourages homebuyers to select the features that matter most to them.  The company is currently building or developing new-home communities in King, Snohomish, Pierce, Thurston, Kitsap, and Skagit counties. Quadrant was recognized with the 2010 Guildmaster Award for exceptional customer satisfaction, has been named  a Builder of the Year by the Master Builders Association of King and Snohomish Counties, and one of Washington's Best Work Places by The Puget Sound Business Journal.  Quadrant has also been designated by the Environmental Protection Agency as a qualified Energy Star® builder. For more information, visit Quadrant's Web site (www.quadranthomes.com), (www.twitter.com/quadranthomes) and (www.facebook.com/quadranthomes).

SOURCE Quadrant Homes

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