Time Equities Acquires Retail Center Cactus Plaza In Glendale Arizona For $4.5M

A retail center located at 4323 West Cactus Road in Glendale, AZ, has been sold for a transaction amount of $4,500,000. The property encompasses 25,620 square feet and has a price per square foot of $176. The asset was constructed in 1985 and is currently 93% leased.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,500,000
• Sale Date: 12/18/2025
• Market: Glendale, AZ
• Square Footage: 25,620
• Price per Square Foot: $176
• Buyer: Time Equities
• Buyer’s Representative: Ami Ziff, Jonathan Kim & Grant Scott - Time Equities
• Seller’s Representative: Chase Dorsett - Newmark

Time Equities Inc. acquired the property, known as Cactus Plaza, marking its second retail acquisition in Arizona. The transaction was led by the team from Time Equities, with Chase Dorsett representing the seller from Newmark.