Armstrong Capital Development, LLC

07/15/2026 | Press release | Distributed by Public on 07/15/2026 13:46

ACD CORE PLUS COMMERCIAL FUND EXPANDS PORTFOLIO WITH THREE NEW ACQUISITIONS ACROSS ARIZONA AND TEXAS

ACD CORE PLUS COMMERCIAL FUND EXPANDS PORTFOLIO WITH THREE NEW ACQUISITIONS

7/15/2026

ACD is pleased to announce the acquisition of three properties across Arizona and Texas on behalf of the Core Plus Commercial Fund, further diversifying the Fund's holdings across retail and self-storage asset classes in high-growth markets.

In Glendale, AZ, ACD acquired 8280 W Union Hills, an 11,756 SF Class A strip center located in the Arrowhead Ranch submarket. The property is 100% leased to three e-commerce resistant tenants, including longtime neighborhood staple Arrowhead Grill, and is shadow-anchored by a high-performing Walmart Supercenter and Sam's Club. The acquisition sits directly across the street from ACD's existing 8285 W Union Hills asset, allowing the Fund to build on its proven track record and established vendor relationships in the corridor.

In Marana, AZ (Tucson CBSA), ACD acquired Gladden Farms Shopping Center, a newly constructed, Fry's-anchored retail center totaling 24,470 SF within the fast-growing Gladden Farms master-planned community north of Tucson. The property is fully leased to a roster of tenured, national and regional credit tenants and benefits from a robust pipeline of surrounding residential development, positioning it as an essential retail destination for the broader Marana and North Tucson trade area.

In Pearland, TX, ACD acquired U-Stor Mor Storage, a 33,800 SF self-storage facility located in the southern suburbs of Houston along S Main St. The facility, which will operate under ACD's BriteLock Storage brand, serves a dense and affluent trade area with limited nearby competition. ACD envisions significant opportunity to drive occupancy and rental rate growth through BriteLock's hands-on management platform and proven revenue management programs.

"Each of these acquisitions reflects our disciplined approach to identifying resilient, needs-based real estate in markets with strong demographic tailwinds," said Josh Katzer, Director of Development at ACD. "Whether it's grocery-anchored retail in a growing Tucson community or self-storage serving a dense Houston suburb, these properties strengthen our portfolio and give us multiple avenues for long-term value creation."

These acquisitions align with ACD's ongoing strategy of acquiring, developing, and managing essential commercial real estate assets throughout high-growth regions in the Intermountain West and Southwest. ACD continues to expand its portfolio with a focus on long-term value creation, local economic growth, and disciplined investment management.

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