With the Chicago Cubs set to open a new Arizona spring training facility just a mile to the east, one of the Windy City’s most famous restaurants has just closed on property at Tempe Marketplace, Arizona’s largest open-air retail center.
Vestar, owner of the 1.3 MSF retail center, announced it sold a 2.38-acre parcel on its SWC to Portillo’s. The Midwest institution plans to open a 7,000 SF eatery this summer.
“We have few restaurant sites at the bustling Tempe Marketplace left and it’s hard to imagine a better fit for one of those spots than Portillo’s,” said David Malin, Vestar’s Director of Acquisitions and Development. “Whether you’re a Chicago native living in the Phoenix metropolitan area, a visitor from the Midwest or just someone who loves great food done right, you’ll feel right at home at Portillo’s.”
Portillo’s expanded outside the Midwest when it opened its first California location in 2005. Tempe Marketplace is the most notable of Arizona sites yet announced.