# SimonCRE

> SimonCRE is a privately held Scottsdale commercial real estate developer founded by Joshua Simon in 2010. It acquires land and properties, entitles and builds retail projects, leases them to national and local operators, manages them through stabilization, and usually sells the finished asset. The company says it has developed 308 properties in 24 states with $1.63 billion in total value, and trade coverage in 2026 described a six-project, 1.5 million-square-foot pipeline worth roughly $500 million.

- **Founded:** 2010
- **Headquarters:** Scottsdale, United States
- **Founders:** Joshua Simon (Founder & CEO)
- **Team size:** Approximately 50 employees; the company team page listed about 45 people in August 2026 and LinkedIn showed 52 profiles.
- **Products:** Ground-up retail development, Build-to-suit development, Redevelopment, Acquisitions, Leasing, asset management and dispositions
- **Notable:** Company website reported 308 developed properties across 24 states with $1.63 billion in total value in August 2026., Advanced a six-project, approximately $500 million pipeline totaling 1.5 million square feet in 2026., Delivered the 1.3 million-square-foot Village at Prasada in Surprise, Arizona, in June 2024.

## Products & services

- **Ground-up retail development** — Site selection, entitlement, financing, construction, leasing and delivery of open-air centers from single-tenant buildings to regional power centers.
- **Build-to-suit development** — Purpose-built locations for retail and service tenants, including national chains, with SimonCRE coordinating land, approvals and construction.
- **Redevelopment** — Repositioning distressed, obsolete or underused commercial properties, including adaptive reuse and former big-box sites.
- **Acquisitions** — Purchases of land, net-lease assets, stabilized shop space and value-add opportunities, including portfolios and loans.
- **Leasing, asset management and dispositions** — Tenant-mix strategy, property operations, stabilization and sale of completed or acquired commercial assets.

## Achievements

- Company website reported 308 developed properties across 24 states with $1.63 billion in total value in August 2026.
- Advanced a six-project, approximately $500 million pipeline totaling 1.5 million square feet in 2026.
- Delivered the 1.3 million-square-foot Village at Prasada in Surprise, Arizona, in June 2024.
- Village at Prasada received CoStar's 2024 Impact Award for commercial development of the year in Phoenix.
- Joshua Simon was named one of ICSC's 4 Under 40 in 2021 and joined ICSC's 2026 Board of Trustees.
- Completed the adaptive reuse of Phoenix's 1917 O.S. Stapley hardware building for Tuft & Needle.

## Latest updates

- **2026-06** — Lobo Crossing in Albuquerque was presented as a 365,000-square-foot, Target-anchored project and the city's largest retail development in roughly 20 years.
- **2026-06** — SimonCRE reported new activity and a planned residential component at Village at Prasada.
- **2026-05** — SimonCRE was selected to take over development of a planned retail center in Carefree, Arizona.
- **2026-04** — Trade coverage detailed a six-center, 1.5 million-square-foot pipeline across Arizona, Indiana, Missouri and New Mexico.
- **2026-04** — The company acquired about 38 acres from the University of New Mexico for Lobo Crossing.
- **2026-03** — Farmington Crossings broke ground in Missouri with Target and Academy Sports + Outdoors among its anchors.

## Links

- Website: https://simoncre.com
- LinkedIn: https://www.linkedin.com/company/simoncre
- Twitter/X: https://twitter.com/simon_cre
- YouTube: https://www.youtube.com/channel/UCBONc-W0e61QtbfGsW_duPw
- Instagram: https://instagram.com/simon.cre
- Facebook: https://www.facebook.com/SimonCommercialRealEstate

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Profile page: https://yespress.io/simoncre
Published by YesPress — https://yespress.io
Last updated: 2026-08-20