SimonCRE Acquires 10 Acres for Prasada East Retail Development in Surprise, Arizona

Deal Summary

SimonCRE announced it has acquired roughly 10 acres of land in Surprise, Arizona to develop the 98,000‑sq‑ft Prasada East open‑air retail center, anchored by a 35,100‑sq‑ft Whole Foods Market. The project will add to the existing Prasada Village and Prasada North developments, with construction slated to begin later this spring.