Surprise multi-tenant Grand Village retail center trades at $10.7M

Phoenix Commercial Advisors represents seller of Grand Village Center

Surprise, Ariz (July 2, 2026) – Phoenix Commercial Advisors facilitated the sale of Grand Village Center, a necessity-based multi-tenant retail center. The property, located on the southeast corner of Reems Road and U.S. Route 60 in Surprise, Ariz., sold for $10,700,000, or $203 per square foot.

The 52,685-square-foot center, built in 2005, was 97 percent leased at the time of sale to an internet-resistant mix of necessity-based and service-oriented tenants anchored by Elevate Trampoline Park. Positioned at a hard corner with combined traffic counts of more than 63,000 vehicles per day, the property benefits from exceptional visibility along U.S. 60 and sits directly across from Banner Del Webb Medical Center, home to 404 beds and 1,654 employees. John Schweikert and Chad Tiedeman at Phoenix Commercial Advisors represented the seller in the transaction.

“Grand Village Center is exactly the kind of asset that resonates with investors right now — necessity-based, internet-resistant tenants, a new anchor lease, and a submarket that continues to outperform. We were pleased to execute a clean transaction and deliver strong results for our client,” said John Schweikert of Phoenix Commercial Advisors.

Formed in 1994, Phoenix Commercial Advisors is a commercial real estate services company. The company specializes in retail commercial brokerage in Phoenix, Tucson, and surrounding Arizona communities, providing leasing services, tenant and landlord representation, investment sales and redevelopment services to local and national retailers and property investors. Offering the expertise of 250 combined years of experience, Phoenix Commercial Advisors is also member of ChainLinks Retail Advisors, the premier national retail platform connecting elite brokerage companies across the top 50 North American markets.




Mount Lemmon project adds more parking to popular destination

Mount Lemmon
Mt. Lemmon is a popular destination for Tucsonans as a way to beat the extreme summer heat.

PIMA COUNTY (July 2, 2026) — Finding a place to park in Summerhaven is a little easier now thanks to a recently completed project undertaken by the Pima County Transportation Department in partnership with the Federal Highway Administration and Coronado National Forest. Visitors to Mount Lemmon can now enjoy a new paved parking lot with 75 spaces as well as 21 additional spaces along Sabino Canyon Park Road.

More parking has been a frequent request from visitors, especially on busy summer holiday weekends when circling the town looking for legal parking is as much a rite of passage as the drive up the mountain.

Visitors will also benefit from a smoother roadway, as the project included about half a mile of asphalt surface restoration.

Additional amenities include a kiosk with information about the Arizona Trail and a five-foot-wide pathway as part of the Arizona Trail bypass.

The improvements are expected to increase pedestrian access and enhance safety at the popular Marshall Gulch trailhead.

General Hitchcock Highway has also recently had improvements by the Transportation Department, including repainted lane lines, crosswalks, and stop lines, from the base of the mountain to Summerhaven and Ski Valley.

“Not only will these enhancements help reduce congestion, but they will also make it easier and safer for visitors to enjoy one of Pima County’s favorite outdoor destinations,” said Pima County Transportation Department Director Kathryn Skinner.  “As we continue to experience plenty of warm days this summer, now is the perfect time to take a trip up to Mount Lemmon and enjoy the cooler weather.”

For more information or language assistance, please contact the Pima County Transportation Department at 724-6410 or [email protected].




CRE8 Advisors completes $4.7 Million purchase of 28 acres in Florence, Arizona

Florence, Arizona

 

Phoenix, Arizona (July 2, 2026) – CRE8 Advisors is pleased to announce the successful purchase of 28 acres located at the intersection of Arizona Farms Road and Felix Road in Florence, Arizona. The seller, Aspen Nevada Spe, LLC, sold the land to AZ Farms 28, LLC for $4.7 million, with CRE8 Advisors’ Rommie Mojahed and Kevin Smith representing the buyer.

The 28-acre parcel is strategically positioned several miles east of I-79 and near the SRP Abel Substation, an area that continues to attract significant industrial and technology-related investment. Located within the Arizona Farms corridor, this will also provide access to the new future 505 freeway and Hunt Highway. The region has become a focal point for future data center development and advanced industrial users seeking access to critical infrastructure and power availability.

This all-cash purchase underscores the growing demand for well-positioned industrial land in Florence as Arizona continues to emerge as a premier destination for technology, manufacturing, logistics, and data center expansion. The buyer will be looking to sell pads for future retail, industrial, and/or multifamily projects that will indicate economic growth and development in the Town of Florence.

Kevin Smith, who represented the buyer, stated, “The Southeast Valley is continuing to grow and gain interest for development. Florence and Arizona Farms Blvd in particular are seeing a rise in activity and interest lately. With all the excitement surrounding the Dobson Tech Park, Silver Cross residential development, and the future industrial and residential projects in the coming years on Arizona Farms Blvd, this area is primed to see an influx of homes, jobs, and services.”

CRE8 Advisors Partner, Rommie Mojahed added, “The Town of Florence is experiencing tremendous growth and is rapidly becoming one of Arizona’s most exciting markets for industrial and technology development.”

This transaction is another example of the momentum building in Florence and the opportunities that lie ahead.

For additional information regarding land opportunities surrounding the Dobson Tech Park, contact CRE8 Advisors on their website at www.CRE8advisors.com.