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Suburban Phoenix center sells for $645.1 million as mixed-use sites draw investors

Properties combining retail with multifamily space fare well in market
Scottsdale Quarter, pictured, sold last week, as did Brickell City Centre in Miami. (Vestar)
Scottsdale Quarter, pictured, sold last week, as did Brickell City Centre in Miami. (Vestar)
CoStar News
July 1, 2025 | 10:35 P.M.

Mixed-use properties featuring not only retail but residential and office space have found favor with investors this year, with one in Arizona just fetching $645.1 million.

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