We represented Ziff Real Estate Partners in the acquisition of Mercado at Scottsdale Ranch, a neighborhood retail center in Scottsdale, Arizona, for $26.5 million. The center, spanning over 11-acres and comprising 118,751-square feet, features a diverse blend of national, regional, and local tenants, including Planet Fitness and Walgreens. The center serves as a focal point for the 1,100-acre master-planned community of Scottsdale Ranch, which encompasses nearly 4,000 homes across 40 subdivisions.

Ziff Real Estate Partners is a vertically integrated owner and operator of neighborhood retail, self-storage, office, and industrial properties. Founded in 1991, ZRP has acquired over 8.1 million square feet of commercial real estate assets with a transaction volume that totals over $1 billion.