SimonCRE snags 10-acre Surprise site for $3.8M ($9psf) for upscale retail center, Prasada East, to include Whole Foods

5/14/2026

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Phoenix Business Journal

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• Subcategory: Land: Commercial, Retail: Shopping

• Tag: New Construction | Sale

• Additional Filters-Subcategory: Land: Retail, Retail: Neighborhood Center, Retail: Open-Air

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: SimonCRE, Whole Foods (Nasdaq: AMZN)

Highlights
SimonCRE acquired a 10-acre Surprise site for $3,783,200 on May 12
The developer will build a 98,000-square-foot shopping center anchored by Whole Foods
Wolff Company is developing a 240-unit multifamily complex on adjacent land

SimonCRE

Jeff Carpenter | Partner, Acquisitions/Development

[email protected]

480-745-2446

Arizona

Retail

SimonCRE snags 10-acre Surprise site for $3.8M ($9psf) for upscale retail center, Prasada East, to include Whole Foods

SimonCRE

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