Diversified Partners pays $25.5M ($277psf) for Forever Corporate Plaza in Scottsdale for mixed-use conversion dubbed Lakefront at Scottsdale

6/4/2026

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Phoenix Business Journal

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• Subcategory: Mixed-Use: Retail-Office, Office: Suburban

• Tag: Adaptive Reuse | Conversion | Sale

• Additional Filters-Subcategory: Office: Garden

• Additional Filters-Tags: Conversion: Office-to-Mixed-Use, Sale: Investment, Sale: Single Property

Highlights
Diversified Partners closed a $25.5 million acquisition of Forever Corporate Plaza on May 29
The developer will break ground in the third quarter on Lakefront at Scottsdale mixed-use campus
The project will feature upscale restaurants, retail, office space and waterfront views of McCormick Lake

Diversified Partners

Robert Mayhew | Partner

[email protected]

480-947-8800 x128

Arizona

Office

Diversified Partners pays $25.5M ($277psf) for Forever Corporate Plaza in Scottsdale for mixed-use conversion dubbed Lakefront at Scottsdale

Diversified Partners

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