---
title: "Developers acquire 30-acre parcel for major | PCA News"
url: "https://newphoenixcommercialadvisors.com/news/developers-acquire-30-acre-parcel-for-major-gilbert-retail-center/"
description: "Oak Brook, Illinois-based Kensington Development Partners, along with IM Properties"
publisher: "Phoenix Commercial Advisors"
generated: "11/11/2026"
date: "04/28/2025"
---

# Developers acquire 30-acre parcel for major Gilbert retail center

04/28/2025

Oak Brook, Illinois-based Kensington Development Partners, along with IM Properties, have acquired Phase I of a prime 30-acre infill land parcel in Gilbert for an upscale development called Signature at SanTan Village…

[Read the full article at Your Valley](https://www.yourvalley.net/gilbert-independent/stories/developers-acquire-30-acre-parcel-for-major-gilbert-retail-center,578193)

*Reported by Your Valley. Phoenix Commercial Advisors shares Arizona retail coverage here; the reporting and the copyright belong to the original publisher.*