Sprouts Farmers Market has finalized a deal for a new 180,000-square-foot corporate headquarters campus in the CityNorth development in Phoenix.
The new campus, near 56th Street and Loop 101, will rise on 7 vacant acres just north of the supermarket chain’s current headquarters at 5455 East High Street. It will feature a four-story, 144,500-square-foot office building, a 25,000-square-foot flagship store, a three-story parking garage, and two additional buildings designed for high-end food, beverage or retail concepts, according to the Phoenix Business Journal.
Sprouts is reportedly already talking to several interested parties for the restaurant and boutique retail buildings, according to JLL’s Regan Amato.
Amato and Jonathan Keyser of Keyser Commercial Real Estate facilitated the deal.
Sprouts secured the site through a long-term credit tenant lease with U.S. Realty Advisors, while Crown Realty Group, the CityNorth developer, sold the land. Trammell Crow will develop the project, with Wespac serving as the general contractor and RSP Architects designing the campus.
The supermarket company has outgrown its current 96,000-square-foot space and the move will better accommodate its growing corporate workforce. The chain has nearly 450 stores across 24 states and plans to open at least 35 more in 2025.
The new headquarters will feature a top-floor deck, atrium for town halls, culinary kitchens, yoga studio, tasting room, on-site Press Coffee and a garden space for hosting events like chef-driven meals and tastings.
“Sprouts has really emerged as one of the leading players nationally for healthy grocery and they wanted a headquarters that was reflective of that,” Keyser told the Phoenix Business Journal. “They wanted to do a signature project that was a world class facility … that was designed with Sprouts in mind.”
Construction is slated to commence in May with a possible August 2026 move-in.
Sprouts’ presence aligns with Crown Realty’s vision of CityNorth as a health-focused, live-work-play destination. The location is in one of Phoenix’s hottest development zones, near the Desert Ridge area, which is seeing a boom in multifamily housing, new headquarters and a $2 billion Mayo Clinic expansion.
— Joel Russell
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