Cohen & Steers Income Buys Grand Canyon Crossing (305,000 SF) in Phoenix

Reported Oct 9, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
Cohen & Steers Income Opportunities REIT with Sterling Organization (JV)
Seller
Goldman Sachs Asset Management (per AZBEX)
Price
$59.75M
Size
About 303K to 307K SF on 33 acres
Price per SF
$196 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
North & Northwest Phoenix
Metro
Phoenix
Reported date
Oct 9, 2026

Summary

Grand Canyon Crossing is a retail sale in North & Northwest Phoenix, Phoenix. Other details we have: buyer Cohen & Steers Income Opportunities REIT with Sterling Organization (JV); seller Goldman Sachs Asset Management (per AZBEX); price $59.75M; size about 303K to 307K SF on 33 acres. REBusiness Online reports: “PHOENIX — Cohen & Steers Income Opportunities REIT (CNSREIT) has acquired Grand Canyon Crossing, a 303,000-square-foot shopping center located in Phoenix.”

Quoted from the article; the other facts come from our own deal listing.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Buyer
    PHOENIX — Cohen & Steers Income Opportunities REIT (CNSREIT) has acquired Grand Canyon Crossing, a 303,000-square-foot shopping center located in Phoenix. Walmart Supercenter anchors the property, which was 99 percent leased at the time of sale. Additional tenants include Harbor Freight Tools, Wendy’s, YouFit Health Club, Sally Beauty Supply, Nationwide Vision Center, Denny’s, Starbucks Coffee, Sonic, Jamba and Quick Quack Car Wash. The retail center was built on 33 acres in 2005. CNSREIT acquired Grand Canyon Crossing through a joint venture with the Sterling Organization. Further details of the transaction were not disclosed.
  • Deal
    PHOENIX — Cohen & Steers Income Opportunities REIT (CNSREIT) has acquired Grand Canyon Crossing, a 303,000-square-foot shopping center located in Phoenix.

Article date: 2026-10-09T14:51:29+00:00

Quick answers

Who bought Grand Canyon Crossing?
Cohen & Steers Income Opportunities REIT bought Grand Canyon Crossing in North & Northwest Phoenix, Phoenix, according to REBusiness Online.
How much did Grand Canyon Crossing sell for?
The reported price is $59.75M ($196 per SF, our calculation), per REBusiness Online.
How big is Grand Canyon Crossing?
About 303K to 307K SF on 33 acres, as listed from the source.
When was this sale reported?
Reported Oct 9, 2026 by REBusiness Online.

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