News

Featured in Phoenix Business Journal on May 7, 2026.

A Scottsdale-based company has teamed up with a new developer to build a $60 million grocery-anchored retail center in Carefree.

Empire Group of Companies owns 24.7 acres the land at the

Featured in Town of Carefree News on April 28, 2026.

The northeast corner of Carefree Highway and Cave Creek Road is a vital, high-potential site for economic development within the Town of Carefree. Recognized as a key opportunity for generating

Featured in ICSC C+CT on April 28, 2026.

SimonCRE was bucking the trend when it put bulldozers into gear in 2022 for the multiphase Village at Prasada, a 1.3 million-square-foot open-air center in Surprise, Arizona, that delivered in June

Featured in Shopping Center Business on April 8, 2026.

SimonCRE has acquired approximately 38 acres of land to develop Lobo Crossing, a 363,000-square-foot, open-air center located on the University of New Mexico’s south campus in Albuquerque. Lobo Crossing is set

Featured in UNM News on April 8, 2026.

The University of New Mexico has finalized an agreement for Lobo Crossing, allowing SimonCRE, a Phoenix-based commercial real estate developer, to move forward with the purchase of 38 acres of university-owned land

Featured in Albuquerque Journal on April 7, 2026.

The sale of a major piece of property on the University of New Mexico’s South Campus is complete, moving the area one step closer to welcoming a major retail hub.

Arizona-based developer

Featured in Shopping Center Business on March 27, 2026.

SimonCRE has purchased roughly 28 acres of land to develop Farmington Crossings, a 316,064-square-foot open-air center located in Farmington, approximately 75 miles southwest of St. Louis. Situated at the gateway to

Featured in St. Louis Business Journal on March 24, 2026.

A Target store will anchor a new retail shopping center to be built in Farmington, serving as the national developer’s first large project in Missouri.

The new open‑air retail center

Featured in Phoenix Business Journal on March 5, 2026.

Scottsdale-based developer SimonCRE is under contract to purchase land in Surprise for a new retail development.

The site, which is next to the Village at Prasada shopping center, will be called

Featured in Phoenix Business Journal on March 5, 2026.

A new Target is a step closer to being developed in Gilbert despite some pushback from residents.

The Gilbert Planning Commission voted 6-1 March 5 to recommend approval for the rezoning