New Jersey-based Lamar Cos., together with its partner Real Capital Solutions (RCS), announced it has completed the sale of Promenade at Casa Grande, a 480,000-square-foot regional shopping center at Interstate 10 and Florence Boulevard in Casa Grande, Ariz., for $63.1 million. The transaction closed Oct. 8, 2026. Colliers represented Lamar in the transaction.
Promenade at Casa Grande sits along I-10 between Phoenix and Tucson. The center is anchored by Target, with a diversified roster of national tenants including Harkins Theatres, HomeGoods, Marshalls, Ross Dress for Less, Burlington, Michaels, PetSmart, Five Below, Bealls and Ashley Furniture.
"More than eight years ago, Lamar had a vision for Promenade at Casa Grande, and this sale is a clear example of what our hands-on operating approach can deliver for our investors," said Kyle Hayes, chief operating officer of Lamar Cos. "Lamar repositioned the center around a strong lineup of national retailers, working close
