Brookfield, DMB and Common Bond plan mixed-use venture near Mesa Gateway at NEC of Ellsworth and Ray Rd

6/2/2025

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Connect CRE

• Subcategory: MF: Market Rate, Mixed-Use: Retail-MF, Retail: Shopping

• Tag: JV-Partnership | New Construction

• Additional Filters-Subcategory: MF: Garden, Retail: Grocery Anchored

• Company: Brookfield Asset Management, Common Bond Development Group

Brookfield, DMB and Common Bond Development are developing EastMarket, a retail center near the Mesa Gateway Airport. The project will include grocery, restaurant, multifamily housing and retail stores on the northeast corner of East Ray Road and South Ellsworth Road.

It’s in the 3,200-acre Eastmark community. In 2013, DMB partnered with Brookfield Residential to build Eastmark, a development extending 4 million commercial square feet that encompasses 14,000 entitled homes.