SimonCRE Purchases Peoria Parcel for Planned Multi-Tenant Retail

Scottsdale, AZ – SimonCRE closed on the purchase of a 1.33-acre outparcel at the Peoria Crossings shopping center in Peoria, Arizona. The Scottsdale-based developer is adding a 10,500-square-foot, multi-tenant retail building positioned at the northwest corner of 93rd Avenue and Northern Avenue, adjacent to Applebee’s, Wienerschnitzel, and Carl’s Jr.

The new retail building will feature America’s Best Contacts & Eyeglasses and uBreakiFix, an electronics repair store. The building also has a remaining 5,532 SF square feet available for lease.

Brian Gausden and David Uhles of Western Retail Advisors are representing SimonCRE in leasing the property.

“This is a great opportunity to add more depth to an already popular retail center in a fast-growing Peoria/Glendale trade area,” says Joshua Simon, Founder and CEO of SimonCRE. “We’re excited to be a part of the continued development of this area.”

The building is currently under construction with completion expected in August 2018.

About SimonCRE

Founded by Joshua Simon in 2010, SimonCRE is a full-service commercial real estate development company that has developed and leased more than two million square feet of retail space all over the United States. The firm specializes in retail ground up development, redevelopment, single tenant build-to-suits and multi-tenant retail building projects. SimonCRE has roughly 40 projects, totaling approximately $120 million in construction planned in 2018. SimonCRE is headquartered at 6900 E. 2nd Street, Scottsdale, Ariz. 85251. For more information, call 480.745.1956 and visit