Acquisition of The District at Green Valley Ranch

Deal value: $112,000,000

PGIM Real Estate acquired The District at Green Valley Ranch, a 400,000 sq ft mixed-use retail and office property in Henderson, NV, featuring Whole Foods, REI, and luxury apartments.

The acquisition of The District at Green Valley Ranch by PGIM Real Estate is driven by the strategic appeal of high-quality, mixed-use assets in affluent, supply-constrained suburban markets. The property’s strong tenant mix (Whole Foods, REI, luxury apartments), walkable design, and integration with a master-planned community in Henderson, NV, position it to benefit from demographic shifts favoring live-work-play environments and resilient retail anchored by daily needs. The timing reflects confidence in suburban mixed-use demand post-pandemic and a belief in the long-term value of experiential retail and lifestyle destinations.