MARANA, AZ (March 24, 2026) — Two significant land transactions have closed within the 820-acre Cascada master-planned project in Marana, marking another step forward for the high-profile mixed-use development located northeast of Interstate 10 and Twin Peaks Road, across from Tucson Premium Outlets.
On March 19, 2026, a Bourn Partners affiliate, BP Cascada Partners, led by Bringham Stevens, acquired 143 acres for $18,427,449. The purchase includes approximately 100 acres slated for commercial development and 43 acres planned for residential use.
In a separate transaction, D.R. Horton, with Sam Mills handling land acquisition, purchased approximately 132 acres for $13,072,551. That land is expected to support Phase I of a residential project featuring 638 single family homes and townhomes over the next three years. The residential component is being rebranded Tescotta, and additional land options could bring the total value of the deal to approximately $33 million.
Together, the Bourn Partners and D.R. Horton transactions include options that could raise the combined value to $93 million, with a significant option deposit already in place.
The larger Cascada project was assembled by Pacific International Partners and represents one of the more prominent large-scale development sites in the Marana corridor. Positioned near the Interstate 10 and Twin Peaks interchange, the property sits in one of the region’s most active growth areas, with strong visibility and proximity to major retail anchors.
Dan Feig of Chapman Lindsey Real Estate Services represented Pacific International Partners in both transactions.
Feig can be reached at 520.205.0342, for more information.