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Village at Surprise has New Owner

SURPRISE, AZ-The 27,000-square-foot Kohl's shadow-anchored retail center now belongs to Kierland Village Center LLC, which acquired the property from PWDAF Bell and Litchfield LLC.

By Amy Wolff Sorter | Updated on May 07, 2013

SURPRISE, AZ-A little more than two years after acquiring the 27,205-square-foot Village at Surprise, Pacific West Land, operating under the entity name PWDAF Bell and Litchfield LLC, sold the property to Kierland Village Center LLC. The Bainbridge Island, WA-based seller walked away from the deal with a little more than $6 million in its bank account.

Built in 2004, the Village at Surprise is leased to a diverse mix of tenants, including Sears Appliance, Payless Shoes, NYPD Pizza, H&R Block and Edible Arrangements. The balance of the center, which was not included in the sale, is anchored by a Kohl’s department store, M&I bank and a Diamond Shamrock gas station. 

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