Equity

Plaza at Enchanted Hills

Property Type
Retail
Investment Type
Value-Add Real Estate
Location
Rio Rancho, NM
Date Closed
March 2018

Overview

Plaza at Enchanted Hills is a 165,000 square foot retail power center in Rio Rancho, New Mexico. The Center also includes an additional 3.5 acres of tracts, with the potential to develop up to 38,000 square feet of retail space.

THE BLOCK

In October 2022, TDA announced THE BLOCK — a new retail development located on 1.3 acres of vacant land at the NW corner of the Plaza. Comprised of a combination of re-purposed shipping containers and newly constructed buildings, the project offers over 14,000 square feet of leasable area and offers a place for the community to shop, eat, and gather! THE BLOCK breaks ground in November 2022 and opens Fall 2023.

For more information about THE BLOCK, visit www.theblock-peh.com.