2

Phoenix — Barclay Group has developed a total of seven Kroger-anchored shopping centers in Arizona and Colorado, with six of the seven shopping centers located in the greater Phoenix area. The most recent deliveries featured two openings in January 2025, including Flying Horse in Colorado Springs, Colorado, and Morrison Ranch in Gilbert, Arizona. The final two openings — Heritage West in Buckeye, Arizona, and Sycamore Farms in Surprise, Arizona — are scheduled for completion this year. Barclay Group’s expansion into the Phoenix market within the past 15 months is part of its broader nationwide expansion.

The company delivered nine retail shopping centers in 2024 across the southwest and southeast, which totaled 1.9 million square feet. Barclay Group’s retail portfolio now comprises 25 properties across six states, including Arizona, Florida, Texas, Colorado, North Carolina and Idaho.