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Fortis Development Sells Fitness-Anchored Shopping Center Near Phoenix

Canadian Firm Buys The Union at Gilbert for $15.8 Million
The Union at Gilbert shopping center was completed in 2017. (Phoenix Commercial Advisors)
The Union at Gilbert shopping center was completed in 2017. (Phoenix Commercial Advisors)
By Thomas Ferguson
CoStar Research
December 16, 2019 | 4:33 P.M.

Fortis Development has sold The Union at Gilbert, a fitness-anchored shopping center in Gilbert, Arizona, to Northern Lights Capital LP of Alberta, Canada, for $15.83 million, or about $286 per square foot.

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