Commercial Real Estate

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The Diamond Ventures, Inc. commercial division successfully develops and acquires  office, retail, industrial and hospitality properties in the Southwest. We have an experienced team that is well versed in commercial land acquisition and development, build-to-suits, leasing, sales and marketing. Whether independently or with a joint venture partner, our prudent guidelines for investment feasibility and underwriting have led to many successful acquisitions.


Current Projects


Retail

Houghton Town Center

A 118-acre phased regional shopping center, anchored by Walmart Super Center, TJ Maxx, Ross and Petco. Easily accessed from Interstate 10 and located near large residential neighborhoods, the University of Arizona Tech Park Employment hub in the growing southeast Tucson trade area.

Learn more about Houghton Town Center »

Industrial

Rita Ranch Commerce Center

A 256-acre master-planned commercial and industrial park with 130 acres available. The project is located near the University of Arizona Tech Park and Rita Crossing and adjacent to Houghton Town Center on Old Vail Road between Rita Road and Houghton Road in Southeast Tucson with great access to Interstate 10.  Current businesses located in the Center include TuSimple, Blue Bell Creameries, Direct TV, Acacia Windows & Doors and coming soon, Tractor Supply.


Mixed Use

Rita Crossings

A 220-acre freeway commercial/industrial development on Interstate 10. Located in Tucson, AZ, the property is adjacent to +/-6,500 employees from the University of Arizona Tech Park, the 500,000 square foot Faribault Foods canning facility and the 1,000,000 square foot Target internet fulfillment center.


Office

Nova Financial Plaza

A 91,000 square foot, six-story professional office building and a 4,352 square foot freestanding building located at Broadway and Wilmot in Tucson, AZ. at Nova Financial Center. NOVA Home Loans and Fidelity National Title are located within Nova Financial Plaza.


Office

La Paloma Office Center

An 85,000 square foot office plaza, located adjacent to the upscale Catalina Foothills neighborhoods. The Center is anchored by Northwest Medical Center Urgent Care, Long Realty, and TCI Wealth Advisors.Joint Venture with the Scotia Group.


Mixed Use

I-10 & Valencia Land for Sale

This is a 5 acre parcel available for sale on Valencia, east of I-10 next to the Air National Guard.


Mixed Use

Valencia Crossing

A 500-acre commercial and light industrial site located with easy access to I-10 in the southeast growth corridor of Tucson, AZ. Adjacent to the Pima Air and Space Museum.

Past/Completed Projects


Hospitality

Embassy Suites at Paloma Village

A 119-room hotel in Tucson’s affluent Catalina Foothills, located within the high-end retail and office plaza, Paloma Village, in Tucson, AZ.
Joint Venture with Scotia Group.


Industrial

Tucson Airport Commerce Center / Intuit

A 100-acre business park located near Tucson International Airport. The Center includes Intuit and Chamberlain Group, and is conveniently located south of downtown Tucson.


Retail

Tres Pueblos Plaza

A 9-acre shopping center anchored by Walmart Neighborhood Market and Gas conveniently located near Tucson International Airport at Tucson Boulevard and Drexel.  Shop space and free-standing pads available.


Office

Rio Nuevo Professional Plaza

A 74,000-square-foot, two-story professional office building that includes GSA tenants US Census and Social Security, located in downtown Tucson, AZ.


Retail

Madera Marketplace

A 25-acre retail project anchored by Walmart Supercenter, Bank of America, Checker Auto and Fletchers Automotive, located south of Tucson in Sahuarita, AZ.
Joint Venture with Evergreen Development.


Industrial

Alvernon & Los Reales

A 78-acre campus park industrial site in the Opportunity Zone located near Tucson International Airport and The Home Goods Distribution Center.


Retail

Villago Market Place

A 20-acre anchored shopping center, featuring Fry’s Marketplace, Ace, Chase Bank and McDonalds, located in Casa Grande, AZ.
Joint Venture with Evergreen Development.


Build-to-suit

Northwest Medical Center – Continental Reserve Professional Plaza

A 35,000-square-foot, build-to-suit urgent care facility with a 10-acre mixed use commercial/office/medical site northwest of downtown Tucson in Marana, AZ. Located near large residential neighborhoods and convenient to I-10.


Build-to-suit

Northwest Medical Center – La Paloma

A 28,000-square-foot, build-to-suit urgent care facility in the affluent Catalina Foothills, located in Tucson, AZ.


Mixed Use

Riverside Crossing

A 110-acre site including three corners at the intersection of River Rd. and La Cholla Blvd. in northwest Tucson, easily accessible from I-10 and minutes from the extensive medical services at the Northwest Medical Center campus. Riverside Crossing includes Encantada Riverside apartments, Afni, Inc., Sundt Construction, National Bank of Arizona and Basha’s grocery.


Office

Scottsdale Crossing at Calendar Stick Office Park

A 72,000-square-foot, two-story professional office building with Telesphere and WJ Bradley as major tenants, located in Scottsdale, AZ.


Office

Woodlands Village

A 19,000-square-foot, two-story professional office building with Russ Lyons Sotheby’s and Sunwest Bank as tenants, located near Northern Arizona University in Flagstaff, AZ.


Office

5555 Tech Center Drive | Tech II

A 146,215-square-foot, four-story Class A office building that includes Boeing, Lockheed Martin, Farmer’s Insurance and CH2M, located in Colorado Springs, CO.


Office

373 Inverness

A 83,058-square-foot, two-story office/flex building located in Englewood, CO.


Mixed Use

Steam Pump Village

A 40-acre mixed use commercial center which includes 270-unit Encantada Apartments, Basis Charter School, Holiday Inn Express, Chili’s Restaurant and the Freddy’s. Located along Hwy 77 Oracle Rd. in Oro Valley, AZ., northwest of Tucson. Joint Venture with Evergreen Development.


Industrial

Highway Drive

A 9-acre industrial freeway-oriented site with Jacobs Engineering, located in Tucson, AZ.


Mixed Use

Riverside Plaza

A 12-acre retail business park adjacent to the Silverbell District Park and Wheeler Taft Abbett Library in Marana, AZ. Easy access to I-10, near large residential neighborhoods. Leman Academy of Excellence, BeeHive Homes Assisting Living Facility and the Hitting Factory Batting Cages are located within Riverside Plaza.