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Phoenix-area retail center sells for $10.8 million

Bond Street REIT acquires The Shops at Civic Center in Gilbert
The Shops at Civic Center is a three-building retail center situated within the master-planned Gilbert Town Center in the Phoenix area. (CoStar)
The Shops at Civic Center is a three-building retail center situated within the master-planned Gilbert Town Center in the Phoenix area. (CoStar)
By Clarice King with
CoStar Research
April 1, 2026 | 7:25 P.M.

Bond Street REIT, based in Charleston, South Carolina, has acquired The Shops at Civic Center, a 25,690-square-foot, three-building retail center in Gilbert, Arizona, from a private investor for $10.8 million, or approximately $420 per square foot.

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News | Phoenix-area retail center sells for $10.8 million