{"id":1004818080,"date":"2026-11-06T06:06:35","date_gmt":"2026-11-06T14:06:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004818080"},"modified":"2026-11-06T06:39:49","modified_gmt":"2026-11-06T14:39:49","slug":"11north-partners-acquires-arizona-grocery-anchored-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/","title":{"rendered":"11North Partners Buys Arizona Grocery-Anchored Portfolio"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6aede988f2135&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004818021\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/riggsmarketplace\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"RiggsMarketplace\" data-image-description=\"&lt;p&gt;Image sent with press release by Grace Lewis at JLL &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Riggs Marketplace is among seven Arizona retail properties acquired by 11North Partners in a $108.7 million portfolio transaction. Image courtesy of JLL&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png\" alt=\"Storefronts at Riggs Marketplace, including The UPS Store, Leslie\u2019s and Banfield Pet Hospital, with parking in front.\" class=\"wp-image-1004818021\" style=\"width:392px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Riggs Marketplace is among seven Arizona retail properties acquired by 11North Partners in a $108.7 million portfolio transaction. <em>Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>11North Partners has made its first investment in Arizona\u2019s retail market with the $108.7 million acquisition of a seven-property portfolio in the Phoenix and Tucson areas from A&amp;C Properties Inc. JLL arranged the sale and secured $66.4 million in acquisition financing from an insurance company.<\/p>\n\n\n\n<p>The Arizona Grocery Portfolio comprises approximately 423,000 square feet across seven properties, all anchored or shadow-anchored by Fry&#8217;s Food Stores. The assets include:<\/p>\n\n\n\n<p>\u2022&nbsp; Gilbert Fiesta Marketplace, 2487 S. Gilbert Road in Gilbert<\/p>\n\n\n\n<p>\u2022&nbsp; Shops at Gilbert Fiesta, 2531 S. Gilbert Road in Gilbert<\/p>\n\n\n\n<p>\u2022&nbsp; Township Plaza, 1927 E. Baseline Road in Gilbert<\/p>\n\n\n\n<p>\u2022&nbsp; Riggs Marketplace, 985 E. Riggs Road in Chandler<\/p>\n\n\n\n<p>\u2022&nbsp; Lindsay Marketplace, 2727 E. Broadway Road in Mesa<\/p>\n\n\n\n<p>\u2022&nbsp; Tatum Plaza, 4707 E. Shea Blvd. in Phoenix<\/p>\n\n\n\n<p>\u2022&nbsp; Randolph Plaza, 4150 E. 22nd St. in Tucson<\/p>\n\n\n\n<p>According to Yardi Matrix data, the properties date from 1989 through the 2000s. The portfolio is 96 percent occupied, with the centers located along high-traffic corridors. According to JLL, the properties feature below-market rents, providing opportunities for future income growth.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>READ ALSO: <a href=\"https:\/\/www.commercialsearch.com\/news\/crew-special-report-retails-next-wave\/\" data-type=\"link\" data-id=\"https:\/\/www.commercialsearch.com\/news\/crew-special-report-retails-next-wave\/\">Retail\u2019s Next Wave<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>This acquisition expands 11North Partners\u2019 necessity-based retail platform into its eighth state.<\/p>\n\n\n\n<p>The JLL Capital Markets Investment Sales and Advisory team was led by Managing Director Patrick Dempsey, Director Tess Berghoff and Analyst Ross Jorgensen. The JLL Capital Markets Debt Advisory team was led by Director Jarrod Howard.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-phoenix-retail-market-tightens\">Phoenix retail market tightens<\/h2>\n\n\n\n<p>The Phoenix retail real estate market is seeing declining vacancy, rising asking rents and a slower pace of new development, according to a third-quarter report from Kidder Mathews. Overall retail vacancy stood at 4.4 percent, unchanged from the previous quarter but down 10 basis points year over year.<\/p>\n\n\n\n<p>Net absorption so far in 2026 is about 1.75 million square feet, down 3 percent from the same point last year, Kidder Mathews reported. Meanwhile, nearly 2.6 million square feet of retail space was under construction in Phoenix in the third quarter, which was down almost 20 percent from a year earlier.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-11north-partners-retail-expansion\">11North Partners&#8217; retail expansion<\/h2>\n\n\n\n<p>In May 2026, 11North and joint venture partner Bain Capital <a href=\"https:\/\/www.commercialsearch.com\/news\/bain-capital-11north-partners-make-300m-retail-buy\/\">acquired five open-air grocery-anchored retail centers<\/a> totaling about 757,000 square feet across California, Florida, Texas and Virginia for approximately $300 million. These acquisitions were the first ones by the joint venture since its $1.6 billion capital raise in December 2025.<\/p>\n\n\n\n<p>Earlier that same month, <a href=\"https:\/\/www.commercialsearch.com\/news\/11north-partners-pays-60m-for-orlando-retail-asset\/\">11North acquired West Town Corners<\/a>, a 284,497-square-foot retail center in Altamonte Springs, Fla., from Washington Prime Group for $59.5 million. The buyer secured a $37.4 million acquisition loan from Bank of America.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition marks the firm&#8217;s first investment in the state.<\/p>\n","protected":false},"author":882,"featured_media":1004818021,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,1601,21749,15],"tags":[52753,32796],"class_list":["post-1004818080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-phoenix","category-retail","category-west","tag-11north-partners","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>11North Partners Buys Arizona Grocery-Anchored Portfolio - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"11North Partners Buys Arizona Grocery-Anchored Portfolio\" \/>\n<meta property=\"og:description\" content=\"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-06T14:06:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-06T14:39:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"11North Partners Buys Arizona Grocery-Anchored Portfolio\",\"datePublished\":\"2026-11-06T14:06:35+00:00\",\"dateModified\":\"2026-11-06T14:39:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/\"},\"wordCount\":427,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/11\\\/RiggsMarketplace.png\",\"keywords\":[\"11North Partners\",\"JLL\"],\"articleSection\":[\"Investment\",\"News\",\"Phoenix\",\"Retail\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/\",\"name\":\"11North Partners Buys Arizona Grocery-Anchored Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/11\\\/RiggsMarketplace.png\",\"datePublished\":\"2026-11-06T14:06:35+00:00\",\"dateModified\":\"2026-11-06T14:39:49+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/11\\\/RiggsMarketplace.png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/11\\\/RiggsMarketplace.png\",\"width\":800,\"height\":620,\"caption\":\"Riggs Marketplace is among seven Arizona retail properties acquired by 11North Partners in a $108.7 million portfolio transaction. Image courtesy of JLL\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11north-partners-acquires-arizona-grocery-anchored-portfolio\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"11North Partners Buys Arizona Grocery-Anchored Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"11North Partners Buys Arizona Grocery-Anchored Portfolio - Commercial Property Executive","description":"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"11North Partners Buys Arizona Grocery-Anchored Portfolio","og_description":"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2026-11-06T14:06:35+00:00","article_modified_time":"2026-11-06T14:39:49+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","type":"image\/png"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"11North Partners Buys Arizona Grocery-Anchored Portfolio","datePublished":"2026-11-06T14:06:35+00:00","dateModified":"2026-11-06T14:39:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/"},"wordCount":427,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","keywords":["11North Partners","JLL"],"articleSection":["Investment","News","Phoenix","Retail","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/","name":"11North Partners Buys Arizona Grocery-Anchored Portfolio - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","datePublished":"2026-11-06T14:06:35+00:00","dateModified":"2026-11-06T14:39:49+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"description":"11North Partners has acquired a seven-property retail portfolio in the Phoenix and Tucson areas for $108.7 million.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","width":800,"height":620,"caption":"Riggs Marketplace is among seven Arizona retail properties acquired by 11North Partners in a $108.7 million portfolio transaction. Image courtesy of JLL"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/11north-partners-acquires-arizona-grocery-anchored-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"11North Partners Buys Arizona Grocery-Anchored Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/11\/RiggsMarketplace.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004818080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004818080"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004818080\/revisions"}],"predecessor-version":[{"id":1004818091,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004818080\/revisions\/1004818091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004818021"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004818080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004818080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004818080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}