Deals, openings and the latest retail market news in Arizona
Transactions we closed, tenants we placed, and the market news that shapes Arizona retail. 192 articles since 2020: 11 are our own deal announcements and 181 are outside reports.
Developers acquire 30-acre parcel for major Gilbert retail center
Oak Brook, Illinois-based Kensington Development Partners, along with IM Properties, have acquired Phase I of a prime 30-acre infill land parcel in Gilbert for an upscale development called Signature at SanTan Village.…
TSMC finishes construction of second chip factory ahead of schedule
Taiwan Semiconductor Manufacturing Co. completed construction of its second fab at its north Phoenix campus ahead of schedule to meet AI-related chip demand from customers, the company’s top executive said on an April…
Work set to start on Safeway-anchored East Valley mixed-use development
A 35-acre mixed-use project is taking shape in Gilbert, likely anchored by a Safeway grocery store. Read more from original article posted here . Thompson Thrift’s latest project, called The Gilmore, intends to break…
Dick's Sporting Goods acquires land for 'House of Sport' concept
Dick’s Sporting Goods (NYSE: DKS) has acquired nine acres in Gilbert to build one of its first Dick's House of Sport concepts in the Phoenix area. Read more from original article posted here . The Pittsburgh-based…
Here are the new dining options coming to The Trailhead in Peoria
From New American to simple Italian and contemporary Japanese, The Trailhead in Peoria plans to please a plethora of palates. Read more from original article posted here . A bevy of restaurants and retailers have signed…
Flagship Restaurant Group sets sights on Heritage Park in Downtown Gilbert
Creation, in partnership with Crescent Communities, announced today that Flagship Restaurant Group has signed a lease for approximately 14,000 square feet at the eagerly awaited Heritage Park in Downtown Gilbert with…
Piefection to Open Fourth Bakery in Queen Creek This August
The upcoming expansion comes fresh on the heels of the small business’ third outpost in Chandler, which opened early May. Article originally posted here . Piefection, the popular Mesa-based pie shop is gearing up to…
Large retail center with proposed Costco slated for West Valley municipality
A massive paved lot in Buckeye could be developed nearly 20 years after a retail center was first proposed for the property. Article originally posted here . The site is located on the southeast corner of Interstate 10…
Chipotle just opened its 3,000th store. It has 4,000 left to go
New York (CNN Business) On Tuesday, Chipotle celebrated a milestone: The opening of its 3,000th location. Article originally posted here . Up until recently, Chipotle would have said that this new restaurant would have…
How Rising Interest Rates Have Affected REIT Performance
REIT share prices, like the broader stock market, have been sensitive to changes in the outlook for interest rates, including both the short-term rates set by the Federal Reserve and the long-term rates that are…
New hospital to open in Scottsdale, Chipotle plans Valley drive-thru; 11 other real estate deals to know
Scottsdale-based HonorHealth and Universal Health Services Inc. are preparing to open a 120-bed behavioral health hospital in Scottsdale. Article originally posted here . Via Linda Behavioral Hospital at 9160 E.…
Data centers becoming dominant force in Mesa
I t may never rival Silicon Valley, but Mesa is fast becoming Data Center Alley. Several global companies are at various stages of plans to start crunching and storing data in southeast Mesa. Article originally posted…
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