High Street Residential and Mitsui Fudosan America Deliver 215-Unit Luxury Residential Community in Scottsdale, Arizona

High Street Residential (“HSR”), the residential subsidiary of Trammell Crow Company (“TCC”), and joint venture partner Mitsui Fudosan America (“MFA”) today announced the completion and delivery of Montclair Scottsdale, their 215-unit Class A luxury residential community in Scottsdale, Arizona. The community is now leasing and welcoming its first residents. The project was originally announced in January 2025 and transformed a vacant retail center into a new housing destination in Central Scottsdale.

Situated on the border of Scottsdale and Paradise Valley, Montclair Scottsdale brings luxury apartment living to an established, highly desirable submarket known for its exceptional residential neighborhoods and distinctive lifestyle. The three-story community features Santa Barbara-inspired architecture and a robust amenity package designed to complement the area's coveted setting. Residents can choose from one- and two- bedroom apartment homes featuring custom cabinetry, quartz countertops, upgraded flooring, wine refrigerators, gas ranges, and premium appliances. The property also offers multiple outdoor courtyards, a dog park, a private yoga and fitness studio, a resort-style pool and spa, sauna, and expansive co-working spaces with private offices.

"With the delivery of Montclair Scottsdale, we're proud to bring much-needed new housing to one of The Valley’s most established and sought-after neighborhoods," said Cody Kuhne, Vice President with TCC in Phoenix. "Scottsdale continues to attract residents seeking exceptional quality of life, yet opportunities for new housing in Central Scottsdale remain limited. We are excited to offer a thoughtfully designed community that reflects the character of the area while providing modern residences, resort-inspired amenities, and convenient access to the employment, shopping, dining, and recreation options that make Scottsdale such a desirable place to live."

Located between Old Town Scottsdale and North Scottsdale, Montclair Scottsdale provides residents with convenient access to the region's premier retail, entertainment, and employment destinations. The property is within walking distance of nearly 2 million square feet of shopping and dining offerings and is located just minutes from Kierland Commons, Scottsdale Quarter, and Scottsdale Fashion Square. Nearby Shea Boulevard also provides direct connectivity to Loop 101 and SR-51, linking residents to major employment centers throughout the Phoenix metropolitan area.

The community was designed by ESG Architects, and Wespac Construction served as the general contractor. Greystar serves as the community’s property manager.

About Mitsui Fudosan America
Mitsui Fudosan America, Inc. (MFA) is the US subsidiary of Japan's largest real estate company, Mitsui Fudosan Co., Ltd., a publicly-traded company with approximately $64 billion (¥10 trillion, as of Dec. 2025) of assets. MFA is responsible for Mitsui Fudosan's real estate investment and development activities in North America, and is headquartered in New York, with branch offices in San Francisco, Los Angeles, Dallas, and Honolulu. MFA has been an active investor in the United States since the 1970s, with a focus on the East and West Coasts and the Sun Belt. MFA’s portfolio currently includes more than 7,000 apartments, about 10 million square feet of commercial space, and over 740 hotel rooms. In the last 14 years, MFA has developed over 10,000 apartments, with another 4,000 in development, and more than 6.7 million square feet of commercial space, with an additional 3.8 million square feet in development.