TUCSON, AZ (November 12, 2025) — Enterprise Financial Services Corp (Nasdaq: EFSC), the holding company of Enterprise Bank & Trust (EB&T), has completed the acquisition of twelve branches from First Interstate Bank (Nasdaq: FIBK), marking a significant expansion of Enterprise’s presence across Arizona and the greater Kansas City metropolitan area.

The transaction adds ten Arizona branches—including new locations in Tucson, North Scottsdale, Old Town Scottsdale, Chandler, Maricopa, Casa Grande, Eloy, Coolidge, Globe, and Nogales—and two in Kansas, bringing approximately $300 million in loans and $645 million in deposits under the EB&T umbrella. Following the acquisition, Enterprise now manages roughly $17 billion in total assets.

James B. Lally, President and CEO of Enterprise, said, “The addition of these branches allows us to expand our access to existing markets with attractive growth opportunities. We believe this transaction will help us meet the needs of our new and existing customers while delivering long-term value for our shareholders.”

The newly acquired facilities have been fully converted into Enterprise Bank & Trust offices, providing former First Interstate customers with access to Enterprise’s full suite of commercial and retail banking products and services.

In Tucson, the transaction includes the 8,008-square-foot office building at 3002 N. Campbell Avenue, which was purchased by Enterprise Bank & Trust from First Interstate Bank for $1.92 million in October 2025.

Janney Montgomery Scott LLC and Holland & Knight LLP served as financial and legal advisors, respectively, to Enterprise on the acquisition.

Enterprise Bank & Trust, a subsidiary of Enterprise Financial Services Corp, operates across Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico, offering business and personal banking, SBA lending, and wealth management services.

For more information, visit www.enterprisebank.com.

See RED Comp #12151 for Tucson sale.

TUCSON, AZ (November 11, 2025) — The Tohono O’odham Ki: Ki Association, the tribally affiliated homebuilding organization that develops and manages housing for members of the Tohono O’odham Nation, has acquired two adjoining parcels at 6725 and 6765 South Headley Road in Pima County for a new residential community. The Nation paid $2.24 million ($3.40 PSF) for the land.

Together, the parcels total approximately 15.1 acres and are identified. The Pima County Board of Supervisors approved a rezoning and development plan for the property in late 2023, paving the way for a 69-lot single-family subdivision that will expand homeownership opportunities for members of the Nation in the Tucson area.

The project site, situated southwest of Valencia and Indian Agency Road, is located within an established residential corridor, offering proximity to schools, retail, and public services. According to county records, the rezoning from SR (Suburban Ranch) to CR-5 (Single Residence) was finalized by ordinance on March 19, 2024, following environmental and infrastructure reviews.

The Tohono O’odham Ki:Ki Association, headquartered in Sells, Arizona, has a long history of building and rehabilitating homes across the Nation’s districts. The Headley Road subdivision will mark one of its most significant off-reservation housing efforts in Pima County, part of a broader strategy to meet rising demand for modern, energy-efficient housing for tribal members living and working in the Tucson metro area.

The development timeline has not yet been announced, but preliminary plans indicate that infrastructure work and lot preparation will begin once engineering permits are secured.

Source: RED Comp #12154.

CATALINA, AZ (November 7, 2025) — A 6,300-square-foot commercial building located at 16725 N. Oracle Road in Catalina has sold for $875,000 ($435 PSF) as an investment property occupied by Camp Bow Wow.

Built in 2012, the property is fully leased to Camp Bow Wow, a nationally recognized dog daycare and boarding franchise. The sale attracted investor interest due to the tenant’s established operations and the building’s visibility along the busy Oracle Road corridor serving the Oro Valley–Catalina submarket.

The seller was represented by Gordon Wagner and Ben Craney of NAI Horizon, while the buyer was represented by Frank Ali with Portofino Realty.

Camp Bow Wow has established itself as a leader in the fast-growing pet-care industry, with franchise locations that feature large play yards, live webcams for pet owners, and overnight cabins rather than traditional kennels. The chain benefits from the continued rise in pet ownership and consumer demand for higher-quality pet services.

For investors, properties leased to Camp Bow Wow are considered attractive due to the brand’s strong market position and diversified revenue model. Typical facilities require generous floor space and suburban zoning compatible with animal-care uses, making them well-suited to highly visible corridors such as Oracle Road serving the Oro Valley–Catalina submarket.

The Catalina property’s stable tenant, recognizable brand, and specialized use profile made it a compelling acquisition for long-term income investors in the Tucson metro area.

For more information, Wagner can be reached at 520.326.2200, Craney is at 520.326.4500, and Ali is at 520.241.9941.

Source: RED #12180.