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InvenTrust Property Corp., a real estate investment trust based in Downers Grove, Illinois, has acquired Plaza Escondida, a 91,121-square-foot community shopping center in Oro Valley, for $23 million ($252 per square foot). The seller was Roseville Tucson, based in Newport Beach, California.
Strategically located at 7850–7972 N. Oracle Road, Plaza Escondida sits at the signalized intersection of Oracle and Magee Roads, one of Oro Valley’s busiest corridors. The center is anchored by a top-performing Trader Joe’s—ranked third in sales statewide— and features a diverse mix of national and local tenants, including Marshalls, AutoZone, Ace Hardware, Sally Beauty Supply, Nationwide Vision, Club Pilates, My Gym, Village Bakehouse, Noodleholics, and CampaignBreeze.