PHOENIX, AZ – Thompson Thrift Retail Group, owned by Indianapolis-based, Thompson Thrift, has acquired its first parcel of land for a 15-acre master-planned development in Mesa, AZ.

Once complete, the master-planned development will feature 95,000 square feet of retail space, situated among numerous freestanding, multi-tenanted buildings.

Thompson Thrift Retail Group expects the development's project cost to total more than $28 million.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.