Pine Tree Buys Ahwatukee Foothills Towne Center (3,500,000 SF) in Phoenix

SaleRetailSouth & Southwest Phoenix

Reported Oct 20, 2026 · Source: PR Newswire

Source: PR NewswireRead the full report at PR Newswire ↗

Deal details

Buyer
Pine Tree with a large international investor (sponsor interest)
Seller
SITE Centers
Price
Portfolio appraised at $644M (10 properties; not allocated)
Size
3.5M SF portfolio
Asset class
Retail
Transaction
Sale
Sub-market
South & Southwest Phoenix
Metro
Phoenix
Reported date
Oct 20, 2026

Summary

Ahwatukee Foothills Towne Center (Phoenix, AZ). Source: PR Newswire.

Summarized from the article; the quoted lines below are from the article itself.

Source: PR Newswire

Read the full report at PR Newswire. What the article says:

  • Deal
    Ahwatukee Foothills Towne Center (Phoenix, AZ).
  • Size
    20, 2026 /PRNewswire/ -- Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet.
  • Seller
    The interest was acquired from SITE Centers (NYSE: SITC) in partnership with a large international investor.

Article date: 2026-10-20T16:30:00+01:00

Frequently asked questions

Who bought Ahwatukee Foothills Towne Center?
Pine Tree bought Ahwatukee Foothills Towne Center in South & Southwest Phoenix, according to PR Newswire.
How much did Ahwatukee Foothills Towne Center sell for?
The reported price is Portfolio appraised at $644M, per PR Newswire.
Who sold Ahwatukee Foothills Towne Center?
The seller was SITE Centers, per PR Newswire.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.