Indicap, Colmena Group and Langley Properties have officially acquired 311 acres of land at the northwest corner of Power Road and Warner Road in Gilbert for $107,500,000. This all-cash deal will be used to develop “The Ranch” – a billion-dollar mixed-use project that includes industrial, retail, office and residential components. The site planning and design phase is underway with a groundbreaking scheduled for the third quarter of 2024. Additionally 16+ acres are dedicated to green space consisting of trails and landscaping as a transition from Morrison Ranch neighborhood.
Iran Conflict and Inflation: How Middle East Tensions Are Impacting the U.S. CRE Market
More than three months after the United States and Israel launched coordinated military strikes against Iran on February 28, 2026,
Steve Griffin
June 6, 2026
