Diversified Partners Announces New San Tan Valley Retail Development Near Major Manufacturing Hub

QuikTrip commits to project at Ironwood and Pima roads, with construction expected to begin in early 2027

Diversified Partners, a Scottsdale-based commercial real estate brokerage and development firm, is preparing to move forward with a new retail development at the northeast corner of Ironwood and Pima roads in San Tan Valley, transforming an existing agricultural property into a commercial destination serving the Southeast Valley's growing residential and employment base.

Construction on QuikTrip, the project's first committed tenant, is expected to begin in the first quarter of 2027, marking the start of development activity at the approximately five-acre site. The overall development is expected to be completed within 12 to 18 months of construction beginning.

Located at a signalized intersection less than one mile from LG Energy Solution's new manufacturing facility, the development is positioned to serve an expanding residential population and growing employment base. The nearby manufacturing facility is expected to become one of the largest employment centers in the Queen Creek area, contributing to demand for convenient retail, dining and everyday services.

QuikTrip has executed an agreement for the development, while Panda Express and Iconic Tires are currently negotiating agreements to join the project. The site is also located across from an established retail center featuring Cobblestone Auto Spa, Dutch Bros, Wendy's and Domino's.

"As major employers establish a presence in the Southeast Valley, we're seeing opportunities to bring retail and services closer to the communities surrounding them," said Walt Brown, CEO of Diversified Partners. "The growth happening around Ironwood and Pima reflects how residential development and employment investment are shaping the next generation of commercial corridors."

The project is surrounded by existing and planned residential communities, including Ironwood Crossing, which comprises approximately 2,369 homes, and an additional 456 acres of planned residential development nearby. The surrounding area also includes Pima Crossing and 92 residential lots identified immediately north of the property, further reflecting the area's continued residential expansion.

According to 2025 demographic estimates from Sites USA, approximately 116,380 residents live within five miles of the property, with an average household income of $149,870. The intersection also sees approximately 51,544 vehicles per day along Ironwood Road and 14,082 along Pima Road.

Diversified Partners is continuing to market two remaining retail pads within the development, with opportunities for additional retail and service-oriented businesses.

The project comes as Diversified Partners continues to expand its commercial development activity across the Southeast Valley. The firm currently oversees 24 active projects across Arizona and Nevada, spanning approximately 384 acres and an estimated 500,000 square feet of development.

About Diversified Partners 

Diversified Partners is an Arizona-based commercial real estate brokerage, development and investment firm offering a full spectrum of services for tenants, property owners, investors and developers in all facets of real estate. With more than 12 million square feet of space leased, sold or developed and $4 billion in planned transactions for 2026–2028, the firm combines deep market expertise with hands-on execution. Diversified Partners now provides end-to-end real estate support—including acquisitions, leasing, asset management, investment sales, property management, construction management and consulting. The recent addition of a dedicated investment-sales team enhances the firm’s ability to serve third-party landlords, maximize asset value and drive long-term client success. Learn more at www.dpcre.com. Follow Diversified Partners on Facebook, Instagram and LinkedIn @dpcre