{"id":226351,"date":"2026-05-10T14:40:35","date_gmt":"2026-05-10T14:40:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/226351\/"},"modified":"2026-05-10T14:40:35","modified_gmt":"2026-05-10T14:40:35","slug":"queen-creek-vineyard-towne-center-sells-for-69-6m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/226351\/","title":{"rendered":"Queen Creek Vineyard Towne Center sells for $69.6M"},"content":{"rendered":"

A recently constructed open-air retail center in Queen Creek anchored by a Target has been sold.<\/p>\n

Vestar, the Phoenix-based shopping center developer and operator, sold Vineyard Towne Center, which is located at the northwest corner of Gantzel Road and Combs Road in Queen Creek, for approximately $69.6 million, according to the Pinal County Recorder\u2019s Office.<\/p>\n

The buyer was two different private investment funds \u2013 FCREF Vineyard Towne I LLC and FCREF Vineyard Towne II LLC \u2013 which are connected to Fidelity Core Real Estate Operating Partnership, according county documents.<\/p>\n

The deal was for the entire shopping center. Although Vestar does not own the property anymore, the company will continue to operate and manage Vineyard Towne Center.<\/p>\n

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.<\/a><\/p>\n

We want to hear from you.<\/p>\n

Have a story idea or tip? Pass it along to the KTAR News team here<\/a>.<\/p>\n

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