Verde Investments Acquires Remaining Acres of Former Fiesta Mall Site
Verde Investments has concluded its acquisition of the former Fiesta Mall site, paving the way for a new mixed-use development in Mesa, Arizona. Owned by Ernest Garcia II, Arizona's wealthiest individual, Verde wrapped up the purchase of the remaining 34 acres for approximately $24 million, as reported by ABC15 News. This transaction solidifies the company's control over the 80-acre area set to undergo a significant transformation. The project, dubbed Fiesta Redefined, is set to include 4,000 housing units and up to 1.85 million square feet of commercial space. The site's seller,...



