---
title: SimonCRE Purchases 1.33-acre Parcel for New Multi-Tenant Retail
description: SimonCRE closed on the purchase of a 1.33-acre outparcel at the Peoria Crossings shopping center in Peoria, AZ to develop a multi-tenant retail building.
image: https://blog.simoncre.com/hubfs/Insights%20Subscriber%20Email%20Files/Peoria-Crossing-Email.jpg
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# SimonCRE Purchases 1.33-acre Parcel for New Multi-Tenant Retail
March 15, 2018 [](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fsimoncre-purchases-1.33-acre-parcel-for-new-multi-tenant-retail%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fsimoncre-purchases-1.33-acre-parcel-for-new-multi-tenant-retail%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fsimoncre-purchases-1.33-acre-parcel-for-new-multi-tenant-retail%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fsimoncre-purchases-1.33-acre-parcel-for-new-multi-tenant-retail%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=SimonCRE%20Purchases%201.33-acre%20Parcel%20for%20New%20Multi-Tenant%20Retail)
SimonCRE closed on the purchase of a 1.33-acre outparcel at the Peoria Crossings shopping center in Peoria, Arizona.
The Scottsdale-based commercial real estate 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.
#### >> [See the Project Flyer](http://simoncre.com/projects/new-development-multi-tenant-retail-peoria-az/)
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.
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