‘Mystery company’ purchases $1 billion of land near Air Force base in California
Nearly $1 billion in land purchases by a mysterious company near a California Air Force base is raising national security concerns. A group called “Flannery Associates” has invested more than $800 million on almost 54,000 acres of land surrounding the Travis Air Force Base since 2018, zoned for agricultural use, public records show.
Legal representation for Flannery says the group is controlled by U.S. citizens, with 97% of its capital coming from U.S.-based investors.
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