Retail Archives

Michael Pollack unveils biggest challenge of career

Arizona Cardinals quarterback Carson Palmer, Cheryl Pollack, Michael Pollack and Gilbert Mayor John Lewis. Photos courtesy of Pollack Investments.

Real estate entrepreneur and Valley philanthropist Michael Pollack of Pollack Investments has transformed hundreds of shopping centers, totaling more than 10-million square-feet of space, but never in his 40+ years of rehabbing centers has Pollack made this dramatic of a transformation until now. Pollack unveiled his rehabilitated shopping center at Gilbert and Ray Roads in Gilbert,… Read More →

Concentrated Culture: The symbiosis of new-build and adaptive reuse

Portland on the Park, Courtesy of DAVIS

There are undeniable truths in commercial real estate. For instance — retail follows rooftops. However, when the right variables come together, the presence of retail can create a demand for mixed-use communities. This is a phenomenon Michelle Schwartz, associate at RSP Architects, has observed in her firm’s recent work. “Arizona has such a short history… Read More →

New to Market: May 2015-June 2015

Arizona Fallen Firefighters & Emergency Paramedics Memorial

Public Arizona Fallen Firefighters & Emergency Paramedics Memorial DEVELOPER: State of Arizona General Contractor: McCarthy Building Companies Architect: SmithGroupJJR Engineers: CVL and PK Associates Sculptors: Rusty Bowers; Paul Olesniewicz Location: Wesley Bolin Memorial Plaza VALUE: $1.25M in donations Start/Completion: March to October 2015 Subcontractors: American Fence, Gothic Landscaping, W.R. Grace, Brundage Bone, Sun Valley, Schuff… Read More →

Big Deals: Retail/Sales, May 2015-June 2015

4821 N. Scottsdale Rd., Scottsdale

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases that have occurred one month out from… Read More →

Frontgate Outlet store opening at Pavilions

Courtesy of De Rito Partners

The Pavilions announced the opening of a first-to-the-market Frontgate Outlet store. Frontgate is a leading brand in the aspirational home lifestyle for both indoors and outside. Frontgate is part of Cornerstone Brands, Inc. (CBI) which is a division of HSNi, a $3.3 billion interactive multi-channel retailer with strong direct-to-consumer expertise. The Pavilions store will be… Read More →

New Corner Bakery to open at Tempe Gateway

Courtesy of Cushman & Wakefield

Cushman & Wakefield of Arizona is delivering a new Corner Bakery to Tempe Gateway, 222 S. Mill Ave. The 4,777-square-foot café/deli/bakery joins tenants that include Limelight Networks, Allstate, Waste Management, and Amazon at Tempe Gateway, which is now 99-percent occupied. Summer Jackson of C&W’s retail group represented the landlord, Parkway Properties Inc., in the long-term… Read More →

The Shops at Town & Country adds new retail space

The-Shops-at-Town-Country

The corner of 20th Street and Camelback Road is getting a fresh look. The revitalization of this high-traffic corner is part of the redevelopment of The Shops at Town & Country that started in 2012 and has included removal of structures and additions of larger scale retailers. Throughout the last several years, The Shops at… Read More →

Wetta Ventures redevelops prime Camelback Corridor site

Wetta Ventures is redeveloping a prime piece of Camelback Corridor commercial space on the northwest corner of Camelback Road and 20th Street in Phoenix across from The Shops at Town & Country and Camelback Colonnade. Caldwell & Ober law firm currently occupies the 12,130 square foot, two-story building that will be redeveloped into retail and… Read More →

Crown on 7th adds eateries and retail

Crown on 7th 3

The former Crown Imports building on 7th St., between Missouri and Bethany Home in Central Phoenix, is getting a major facelift. Dan Noma, Jr., principal of Venture REI, has joined real estate development veterans Buzz Gosnell and Niels Kreipke in investing $6 million to redevelop the mixed-use project. The project will be renamed Crown on 7th and… Read More →

ICSC: Surfing the Omni-channel

Downtown Phoenix Shopping

When web-based shopping gained popularity over the last two decades, spearheaded by the likes of Amazon and major retailers’ internet storefronts, the imminent demise of brick-and-mortar establishments seemed likely. War was declared between bricks and clicks. The win-lose conversations are fading into the background as researchers suggest a more symbiotic relationship between the two. Stores… Read More →

Lo-Lo’s Chicken & Waffles opens at Heritage Marketplace

Lo-Lo's Chicken & Waffles 094_HDR_small

LGE Design Build has completed construction of Lo-Lo’s Chicken & Waffles at Heritage Marketplace, a family friendly, pedestrian-oriented, mixed-use development in downtown Gilbert. Lo-Lo’s Chicken & Waffles, 366 N. Gilbert Road, is now open. The 4,300-square-foot restaurant offers a full bar with several large television screens and outdoor seating that draws energy from the street.  … Read More →

Ground breaks on adaptive reuse project The Colony

TheColony-Both-ViewC-02-26-15

Western Vertical Holdings, a company formed by Bob Agahi and David Sellers, has begun construction on Phase 1 of The Colony, an adaptive re-use project located on 7th Street just north of Missouri Avenue in Phoenix.  The Herb Box, innovative world cuisine with locations in Old Town Scottsdale and North Scottsdale; Stock & Stable, an… Read More →

Leslie’s Poolmart to open new storefront on Indian School

Leslie's Poolmart rendering, courtesy of Newmark Grubb Knight Frank

Newmark Grubb Knight Frank (NGKF) announced the opening of a new retail store for Leslie’s Poolmart, Inc. (Leslie’s) at 2005 E. Indian School Road. The nation’s leading retailer of swimming pool supplies and related products leased 4,500 square feet of a new 6,500 square foot retail building developed by DM Ventures I, LLC. The new… Read More →

Tom Jones Ford Dealership coming to Buckeye

Tom Jones Ford rendering, courtesy of SSB

Tom Jones Ford’s I-10 and Watson location will be a 31KSF sales and repair facility completed in May by Sun State Builders (SSB).  The new Ford facility was a design-build partnership between SSB and Tom Jones Ford, with Winton Architects, Inc. serving as the project architect.  The dealership will include interactive cameras for viewing the… Read More →