TUCSON, AZ (Aug. 13, 2026) — 8257 E Broadway LLC purchased a 7,414-square-foot office building at 8257 E. Broadway Blvd. in Tucson for $965,000 ($130 PSF).

The seller was Sahuaro Blossom Properties LLC. Thomas J. Nieman, Principal, Office Specialist, and Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller. Jason Shaltiel with CBRE, Tucson, represented the buyer.

The vacant office building was acquired by Gitty Endzweig, CEO of Applied ABC, for a new Applied ABC practice at the property.

Built in 1988, the single-story office building sits on approximately 1.5 acres in Centennial Park on Tucson’s east side. The property includes approximately 40 parking spaces and is zoned O 3 for professional office use.

The acquisition adds to continued owner-user activity in Tucson’s office market, where vacant freestanding buildings can offer businesses an alternative to leasing while providing long-term control of their occupancy costs.

Source: RED Comp #12655

Planned for the master-planned community of Estrella, the new grocery and retail destination will deliver a pedestrian-centric shopping experience to the West Valley

GOODYEAR, Ariz. (August 13, 2026) — Common Bond Development Group, the developers behind some of the Southwest’s most notable retail and hospitality projects, today announced details for its latest commercial development: a premium, grocery-anchored shopping center in the master-planned community of Estrella in Goodyear, Arizona.

Initiated to fill a retail void in the surrounding community, the project brings together the City of Goodyear, developer Harvard Investments, and anchor tenant Sprouts Farmers Market to establish a new commercial heart for the trade area. Sprouts is one of the largest and fastest-growing specialty retailers of fresh, natural, and organic food in the United States, committed to helping customers live and eat better.

“We’re excited to welcome Sprouts Farmers Market to the Estrella community,” said Goodyear Mayor Joe Pizzillo. “Sprouts is more than a new grocery store, this will help attract more restaurants and neighborhood services that will expand shopping options for residents. Partnerships like this help ensure Goodyear continues to grow in a way that meets the needs of our community while creating new opportunities for investment and jobs.”

Phase one of the development will total approximately 35,224 SF, featuring a 23,024 SF Sprouts Farmers Market, 9,200 SF of inline retail space (Shops A), and a 3,000 SF standalone pad (Pad A). A future second phase situated along the lake is planned to add an additional 16,000 to 20,000 SF of retail and restaurant space.

“Goodyear is a rapidly growing submarket, and we are grateful for the support we’ve received from the Estrella community,” said Regan Amato, Director of Real Estate for Sprouts, Mountain-West Region. “Common Bond is a trusted partner who is actively building our store at Eastmark (in Mesa, Arizona) and we’re excited to bring that same momentum to Estrella. This premier lakeside project is the perfect fit for our expanding West Valley footprint.”

The center’s initial design, completed by Suite 6 Architecture + Planning and subject to approval, incorporates a maritime theme that reflects its location on Estrella Parkway at North Lake near the Yacht Club of Estrella and the Starpointe Residents’ Club. Moving away from traditional retail footprints, the project features high architectural and landscaping standards, utilizing composite wood cladding and vertical steel accents designed to mimic sail masts. The project is targeted to break ground in the first quarter of 2027.

“The addition of Sprouts Farmers Market to Estrella represents another important milestone in the continued growth of our community of more than 23,000 residents and an important anchor of our long-term vision for North Lake,” said Roger Theis, Vice President of Communities at Harvard Investments. Sprouts is a highly respected brand that aligns with the healthy, active lifestyle that defines Estrella.

“This project reflects the commitment and value of the partnership between Harvard Investments, Common Bond, and the City of Goodyear to bring amenities closer to home for our residents. Harvard Investments is a master developer with a vision for more retail amenities at Estrella. Working with Sprouts and Common Bond is a part of fulfilling this vision,” Theis added.

This project represents the latest evolution of Common Bond’s signature commitment to thoughtful placemaking, the deliberate design of public spaces that foster community connection. CBDG has consistently demonstrated this expertise across the Phoenix metropolitan area.

From the vibrant East Valley, where the firm is currently wrapping up construction on another highly anticipated Sprouts-anchored project at EastMarket at Eastmark, to the West Valley’s The Park at 83 in Peoria, and the upcoming 11-acre mixed-use destination The Shops at Halo Vista in North Phoenix, CBDG specializes in turning retail centers into active neighborhood hubs.

“This development represents a strategic collaboration to deliver an experience-driven environment to a rapidly growing market,” said Trevor Cohen of Common Bond Development Group. “By pairing a top-tier anchor like Sprouts with a versatile, pedestrian-centric layout, we are creating a durable commercial asset that feels authentic to the lakeside setting.”

In addition to the center’s overall design, Common Bond has assembled a collection of premier design collaborators for the project, including Cuhaci Peterson (Sprouts building design), PHNX Design (Shops A design), and GK Flanigan (landscape architecture). The project is now transitioning into its initial leasing phase, targeting a mix of service-oriented tenants, local favorites, and regional brands.

(August 13, 2026) — Salad and Go’s bankruptcy has created an unexpected expansion opportunity for two of the country’s fastest-growing drive-thru beverage operators.

Dutch Bros was initially reported as the buyer for dozens of former Salad and Go locations, with the transaction valued at approximately $105 million. Reports have varied on the number of properties involved, ranging from 51 to as many as 65 locations.

The deal, however, may not be settled.

7 Brew has challenged the proposed transaction in bankruptcy court, arguing that its offer could generate a better financial outcome for creditors. The dispute could potentially result in a broader bidding process for the portfolio.

At stake is something increasingly difficult to assemble in today’s retail market: a large collection of existing drive-thru sites with long-term leases already in place.

Rather than building dozens of locations one at a time, either Dutch Bros or 7 Brew could potentially establish a major block of new stores across Arizona and Nevada in a relatively short period.

That is what makes the Salad and Go portfolio especially valuable.

According to an analysis by Chris Rodriguez of DealGround, 65 Salad and Go locations in Arizona and Nevada carry average annual rents of approximately $120,000. Individual rents reportedly range from about $94,000 to $209,000 annually.

Most of the leases also have substantial term remaining, generally more than 10 years, with many extending another 13 to 14 years before renewal options are exercised.

In a retail market where development costs and land prices have risen sharply, those lease terms could be difficult to replicate today.

The former Salad and Go buildings are generally small, ranging from approximately 650 to 1,000 square feet, but their existing drive-thru configurations make them particularly attractive to beverage operators.

Both Dutch Bros and 7 Brew would likely need to adapt their prototypes to fit some of the locations, but the economics are very different when an operator is evaluating dozens of stores instead of a single property.

A portfolio acquisition could allow either company to accept design compromises that would normally make little sense on an individual site.

The opportunity may be especially important in Arizona, where both brands continue to expand aggressively.

For landlords, the competition could prove beneficial.

A vacant Salad and Go building is not necessarily an easy property to retenant. The small building size and specialized drive-thru format narrow the universe of potential users.

If a location were rejected during the bankruptcy process, an owner could face significant downtime or redevelopment costs before securing another tenant.

The arrival of two competing operators changes that equation.

Instead of negotiating with a single prospective replacement tenant, some landlords could find themselves holding leases that both Dutch Bros and 7 Brew want to assume.

That competition may reduce the pressure on landlords to offer rent concessions or other incentives.

The credit profile of the replacement tenant could also affect property values.

Dutch Bros operates its newer stores corporately rather than through traditional franchising. A 7 Brew transaction could involve franchise operators depending on territorial agreements and how individual leases are ultimately assigned.

For landlords, those differences could influence financing, resale value and investor demand.

Bankruptcy court considerations, however, extend beyond which tenant a landlord might prefer. The court’s primary responsibility is maximizing the value of the bankruptcy estate for creditors.

That means the winning proposal will likely depend on overall economics, certainty of closing and the ability of the acquiring company to perform under the leases.

The process could take time as competing offers, lease assignments and individual property issues are evaluated.

The broader real estate lesson is familiar.

Single-tenant properties are often purchased because of the tenant occupying them, but the long-term value of the investment ultimately depends on the real estate itself.

A strong location can survive the loss of a tenant. A weak location can become a problem the moment the rent stops.

The Salad and Go portfolio provides an unusually clear example.

For some landlords, the bankruptcy could have resulted in vacant specialty buildings with few obvious replacement users. Instead, two expanding national brands are competing for many of the same sites.

That is a far better outcome than most owners could have expected when Salad and Go began closing stores.

Who ultimately wins the portfolio remains to be determined.

For Dutch Bros and 7 Brew, however, the attraction is obvious: dozens of drive-thru locations, established lease terms, and the opportunity to accelerate growth without waiting years to assemble a comparable pipeline through traditional development.