Thirty years of Arizona retail

Every dot is a deal.

7,466 leases and sales that Phoenix Commercial Advisors recorded across Arizona since 1996, drawn where they happened. Watch them land in order.

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Map of the Phoenix metro. Every dot is a Phoenix Commercial Advisors lease or sale, 1996 to 2026.
110+
Retailers and restaurants represented
36M+ SF
Of Arizona retail leased
$2.5B+
In retail investment sales
430+
Closings

Explore the record

Zoom into any part of Arizona

7,466 leases and sales, 1996 to 2026 · drag to move, hold Ctrl or Cmd and scroll to zoom, or pinch

Beyond the Valley

Across the rest of Arizona

Tucson, Prescott and Prescott Valley, Flagstaff, Yuma, Sierra Vista, Casa Grande and Bullhead City: the same brokers, the same retailers, statewide. Every dot is a deal, 1996 to 2026.

Map of Arizona with every Phoenix Commercial Advisors lease and sale, 1996 to 2026, with Phoenix, Tucson, Flagstaff, Prescott, Yuma, Kingman, Casa Grande, Show Low, Sierra Vista, Payson labeledPhoenixTucsonFlagstaffPrescottYumaKingmanCasa GrandeShow LowSierra VistaPayson

Since 1996

Deals since 1996

A running total, so it only grows · 2026 is so far, through 07/29/2026 · read the research note

Running total of leases and sales since 1996: 521 by the end of 2000, 1,947 by the end of 2005, 3,132 by the end of 2010, 4,355 by the end of 2015, 5,810 by the end of 2020, 7,289 by the end of 2025, 7,466 so far in 2026, through 07/29/2026.

Where

Deals by city

  1. Phoenix1,560
  2. Mesa736
  3. Chandler658
  4. Scottsdale583
  5. Gilbert577
  6. Peoria415
  7. Tempe374
  8. Queen Creek334
  9. Glendale322
  10. Avondale243
  11. Surprise235
  12. Tucson222
  13. Goodyear167
  14. Yuma123
  15. Buckeye112

What

Deals by type

  1. Lease5,703
  2. Sale1,501
  3. Ground lease262

Renewals and build-to-suit leases are counted as leases. The three lines add up to the 7,466 on this page.

Source: Phoenix Commercial Advisors transaction record, 1996 to 2026, geocoded by cross-street. PCA-owned data; no third-party licensed data appears on this page.

The ledger

Recent leases and sales

Thirty years of activity All closing announcements
09/24/2026 Shake Shack Phoenix, AZ Sale 3,600 SFsize 08/26/2026 Union Street at Norterra sells Phoenix, AZ Sale 16,501 SFsize 08/17/2026 Ross Joins Prescott Power Center, One Anchor Space Remains Prescott, AZ Lease 22,425 SFapprox. size 07/01/2026 Valvoline absolute NNN ground lease Mesa, AZ Sale 3,500 SFsize 07/01/2026 Grand Village Center Surprise, AZ Sale 52,685 SFsize 06/02/2026 Arrowhead Shops Glendale, AZ Sale 13,247 SFsize

Search every closed deal · Big-box leases and pad deals

Frequently asked questions

How many transactions has Phoenix Commercial Advisors recorded?

The firm's own record holds 7,466 leases and sales across Arizona from 1996 to 2026. The track record draws them where they happened.

How is that different from the $2.5 billion in investment sales?

They count different things. The map counts every lease and sale in the firm's record. The $2.5 billion figure covers the retail investment closings that carry a recorded price, more than 430 of them. The closed deals database at /track-record/closings/ lists the narrower set PCA publishes.

What kinds of transactions are in the record?

Leases, sales and ground leases of Arizona retail property, from pads and in-line shop space to shopping centers and single-tenant net lease properties.

Where in Arizona has the firm closed deals?

Across the Phoenix metro and the rest of the state, including Tucson, Prescott and Prescott Valley, Flagstaff, Yuma, Sierra Vista, Casa Grande and Bullhead City. The track record page ranks the most active cities with their deal counts, and the closed deals database at /track-record/closings/ filters every closing by city.

How far back does the record go?

To 1996, the year the firm was founded and began working in retail only.

Where can I see recent closings?

Phoenix Commercial Advisors posts its own closing announcements in the news section and lists the newest on the home page. Recent examples include the Shake Shack sale at 99th Avenue and McDowell in Phoenix, Grand Village Center in Surprise and Union Street at Norterra in Phoenix. The closings PCA publishes are searchable at /track-record/closings/.

Does the track record show prices for every deal?

Not on the map. The map shows the shape of the record, by year and by place. The closed deals database at /track-record/closings/ lists individual closings with the tenant where one is named, the corner where recorded and the date, and the price of a sale where PCA publishes one. It does not publish lease terms or the names of buyers, sellers and landlords.

Where does the data come from?

From Phoenix Commercial Advisors' own transaction record, geocoded by cross-street. No third-party licensed data appears on the page.