De Rito Partners Archives

Popular Indian School retail center gets revitalization

retail space avaialble sign in a window of a building
by in AZRE Magazine | Retail

With a proud history of revitalizing retail centers, De Rito Partners Development, Inc. is excited to announce the ongoing redevelopment and re-tenant efforts at Arcadia Fiesta, located at the southwest corner of 32nd Street and Indian School Road in Phoenix. “The new center will bring a fresh and newly upgraded shopping experience to this neighborhood.… Read More →

Phoenix dealership transforming into luxury apartments

Luxury Apartments
by in AZRE Magazine | Multi-Family

The new buyers of the former downtown Phoenix Phoenix Motors Mercedes-Benz dealership located near 3rd Avenue and Indian School Road is planned to be developed into a 306-unit luxury apartment. De Rito Partners assisted Phoenix Motors in its relocation of the Mercedes-Benz dealership to Scottsdale near Scottsdale and Camelback Roads. Evergreen Devco is expected to close on… Read More →

December De Rito Partners Commercial Transactions

123rf:  Andriy Popov
by in AZRE Magazine | Brokerage

De Rito Partners, Inc. December commercial transactions: Pharmacy opening at Hamstra Square in Chandler: Best Care Pharmacy signed a lease at the northeast corner of McQueen Road and Pecos Road in Chandler. Gordon Heckaman and Carl Jones, Jr. represented the Landlord in the transaction for the 1,204 square-foot space. Tenant line-up growing at new Artesian… Read More →

De Rito Partners promotes from within

Arizona Business People & Promotions
by in AZRE Magazine | Newsmakers

De Rito Partners, comprised of 5 entities including one of Arizona’s largest retail brokerage firms, announced that Matt Morrell has been promoted from Executive Vice President to President of De Rito Partners, Inc. Matt began his career in real estate in 2004 as the Development Coordinator for De Rito Partners Development, Inc. In this position… Read More →

De Rito Partners recent July transactions

March deal photo - Dutch Bros
by in AZRE Magazine | Brokerage | In The Spotlight

Rancho Grande Center adds yerberia A yerberia shop finalized a deal to add a new location in South Phoenix, at the northeast corner of Central Avenue and Broadway Road. Stan Sanchez represented the landlord in completing the lease of the 750-square-foot space. DC Ranch Crossing welcomes Urban Winery Urban Winery signed a lease to join… Read More →

De Rito Partners complete $3M deal in Scottsdale Quarter

rsz_scottsdale_quarter-2
by in AZRE Magazine | Brokerage | New to Market

De Rito Partners announced that on July 2, 2015, TheoryR Properties paid $3,025,000 to purchase a 9,285-square-foot retail building, located on 84,158 square feet of land at the southeast corner of 73rd Street and Butherus Drive in Scottsdale, Arizona. Stan Sanchez and John Palmieri of De Rito Partners represented the seller of the former El… Read More →

De Rito Partners announce recent commercial transactions

123rf.com: feverpitched

Jamba Juice joins Shops at Norterra Jamba Juice finalized a deal to add a new location in North Phoenix, at the northwest corner of Happy Valley Road and Norterra Parkway. John Palmieri represented the tenant in completing the lease of the 1,057-square-foot space. Sonoran Cycles joins new mixed-use development in Surprise Sonoran Cycles signed a… 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 →

De Rito Partners reports recent transactions

Roosevelt Pointe
by in AZRE Magazine | Brokerage | In The Spotlight

Barbershop opens first Valley location Park Avenue Barbershop completed a lease to open its first location at the northeast corner of 91st Avenue and Union Hills Drive in Peoria. Steve Bonnell represented the landlord in completing the deal for 1,045 square feet. Auto dealer leases former Hummer dealership Mr. Jim’s Deals on Wheels finalized a… 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 →

AutoZone, Popeyes move into Pavilions at Talking Stick

Talking Stick Pavilions
by in AZRE Magazine | Brokerage | In The Spotlight

Pavilions at Talking Stick adds AutoZone and Popeyes The Pavilions at Talking Stick added two new tenants to its expanding roster with the completion of two ground leases. AutoZone will add a new, approximately 6,200-square-foot store, while Popeyes Louisiana Kitchen plans on adding a 3,000-square-foot restaurant. Paul Serafin represented the landlord in completing the AutoZone… Read More →

Craig Esslinger named president of De Rito Partners

De Rito Partners, Inc. Arizona's Retail Experts

De Rito Partners announced that Craig Esslinger has joined the company as President of De Rito Partners, Inc. on Monday. Esslinger replaces Stan Sanchez who will remain with De Rito Partners, Inc. as senior broker. Among his accomplishments to date, Esslinger has developed more than 4 million square feet of commercial real estate. He led the operations,… Read More →

Sossaman Development plans to build retail project in Mesa

Shops-at-Costco-SperryVanNess, WEB

Trenton McCullough and Shari A. Tucker-Gasser, Retail Investment Advisors in the Phoenix Sperry Van Ness office, represented the buyer, Sossaman Development LLC, in the $2,200,000 purchase of 4.95 acres of commercial land zoned LC, formerly known as C-2, in the City of Mesa. Located just north of Costco on the hard corner of Sossaman Road… Read More →

De Rito Partners reports June transactions

Red Mountain Promenade
by in AZRE Magazine | Brokerage

Epic Oceans joining Huntington Square Epic Oceans completed a deal to join Huntington Square in Tempe, Arizona.  The center is at the northeast corner of Southern Avenue and Mill Avenue. Bill Bones of De Rito Partners represented the landlord in completing the lease of a 3,480-square foot space. Subway joining future Winco center in Goodyear… Read More →