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Reading: Diversified Partners’ 16-acre Surprise retail development
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Hispanic Business TV > Phoenix > Diversified Partners’ 16-acre Surprise retail development
Phoenix

Diversified Partners’ 16-acre Surprise retail development

HBTV
Last updated: December 13, 2025 9:49 am
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A new mixed-use retail project is in the works that will bring 120,000 square feet of commercial space to the West Valley city of Surprise.

Diversified Partners is developing the project, which will sit on 16 acres at the northeast corner of Cotton Road and Cactus Lane. Some confirmed tenants include eateries like Bojangles, Freddy’s Frozen Custard and Steakburgers and Bahama Bucks, along with Terrible’s – a convenience store and gas station.

A veterinary group is another confirmed tenant, while a boutique boxing club and breakfast restaurant are also planning to lease space, according to a recent announcement from Diversified Partners.

The complex will offer pad sites, as well as ground lease and build-to-suit options. There is also additional acreage available within a flexible zoning district that allows for a wider range of uses other than just traditional retail. A hotel, auto dealership or industrial development could potentially go there.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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