Macerich Archives

The future of virtual reality in CRE

Virtual reality degree
by in AZRE Magazine

The adoption of virtual reality in commercial real estate is changing the way buildings/units are designed, marketed, leased and sold. International Data Corporation reports worldwide revenues for the augmented reality and virtual reality market will grow from $5.2 billion in 2016 to more than $162 billion in 2020. Rami Kalla, founder of Point in Time… Read More →

Valley Partnership announces 2017 chair, board members

Phoenix
by in AZRE Magazine

Valley Partnership named Brett Hopper, development consultant at The OPUS Group, as its 2017 Chair. The commercial real estate industry group also named new board members representing Pederson Group, Land Advisors, Hines, City of Phoenix and Macerich. “As Valley Partnership’s 2017 Chair, I look forward to drawing from the expertise and experience of my peers… Read More →

How retail is bringing shoppers back for more

retail
by in AZRE Magazine

Why someone returns to a store or shopping center can be hard to peg but most shoppers want stores to be a hub for convenience and entertainment where experiential retail merges with things to do outside of shopping. According to a recent Coldwell Banker Commercial Affiliates survey, shoppers still value traditional brick-and-mortar shopping experiences. In… Read More →

Scottsdale Fashion Square announces big renovation plans

Enhancements to Luxury Offerings Will Be First Phase; Louis Vuitton Announces Major Store Renovation in 2017   Macerich, one of the nation’s leading owners, operators and developers of one-of-a-kind retail properties in top markets, today announced a phased project to further enhance the iconic Scottsdale Fashion Square. Plans include a renovation of the luxury wing followed… Read More →

Wasson builds new retail center, demolishes iconic building

by in AZRE Magazine | Construction | Retail

For Mesa-based Wasson Commercial Contracting, it’s in with the new and down with the old at two construction sites in the Valley. Wasson completed construction on a 13,000-square-foot retail building at the NEC of Dobson and Bass Pro Drive at Mesa Riverview. As that project was going up, Wasson was salvaging the building that once… Read More →

One Scottsdale marketing assignment awarded to Cushman & Wakefield

One Scottsdale
by in AZRE Magazine | Brokerage

DMB, in partnership with Macerich, has awarded Cushman & Wakefield the marketing assignment for the nearly 14-acre, mixed-use commercial core of One Scottsdale in Scottsdale, Ariz. Cushman & Wakefield Land Division Executive Managing Director Brent Moser, Senior Vice President Michael Sutton, Associate Brooks Griffith and Retail Division Vice President Brent Mallonee have the sale assignment for the mixed… Read More →

Commercial real estate visionary Rusty Lyon dies

by in AZRE Magazine

The man behind popular projects such as Scottsdale Fashion Square, Chandler Fashion Square, Biltmore Fashion Park and The Boulders Resort, Rusty Lyon, passed away this month. A Celebration of Life Service is planned for Lyon on Nov. 2 at 2 p.m. at Scottsdale Bible Church at 7601 E. Shea Blvd. in Scottsdale. Lyon served at… Read More →

Valley Partnership announces new class of advocates

Valley Partnership advocate
by in AZRE Magazine | Events

Valley Partnership prides itself as the premier advocacy group for responsible development in Arizona, which is largely possible due to the proactivity and engagement of its members on development issues. Each year members share knowledge and experiences with a new class of aspiring professionals within various areas of the commercial real estate industry through the Valley Partnership Advocates Program.… Read More →

Valley Partnership announces 2016 board leadership

by in AZRE Magazine | Newsmakers

Valley Partnership named Molly Ryan Carson, Vice President of Ryan Companies US, Inc. as its 2016 Chairperson. The commercial real estate industry group also named new board members and committee chairs. “I am honored to be the incoming Valley Partnership Chair and help continue our mission to advocate for responsible development,” Ryan Carson said. “We… Read More →

Project News: September/October 2015

Rowing Away The Row, a retail and entertainment property destined to kickstart downtown Chandler’s culture hub, has been delayed. As of press time, The Row’s expected 2015 groundbreaking is being delayed due to City of Chandler and developer agreements that need to be finalized. An issue, as reported by the Arizona Republic, includes potential need… Read More →

The changing face of development: Cheryl Lombard

Cheryl Lombard

If Valley Partnership is the voice of responsible development in the Valley, new CEO and President Cheryl Lombard is expected to be the deep breath behind it.  In mid-March, she transitioned from being director of government relations at The Nature Conservancy in Arizona to the leader of Valley Partnership. “We were looking for a transformative… Read More →

Macerich upgrading Arrowhead Towne Center

Macerich today announced details of key updates planned for Arrowhead Towne Center, its dominant West Valley retail property that also will welcome a new, 25,000-square-foot H&M. Up-to-the-moment, technology-focused new amenities are a major focus of the interior and exterior renovation at Arrowhead Towne Center that starts this spring and will be complete by late 2015.… Read More →

Valley malls offer innovative Santa experience

by in Eat | Experience AZ Magazine | Play

Chandler Fashion Center and Scottsdale Fashion Square  introduces a thoroughly modern, extraordinarily experiential visit with Santa C — the new Santa HQ, presented by HGTV. Set to open on November 8th at Chandler Fashion Center and November 15th at Scottsdale Fashion Square, HGTV’s Santa HQ invites families to experience the unparalleled wonder of Santa’s world… Read More →

Thirsty Lion Gastropub & Grill opening in Scottsdale

Thirsty Lion Gastropub & Grill is excited to announce its second Arizona location at Scottsdale Fashion Square, following the success of their first valley location that opened in the Valley, at Tempe Marketplace, in 2011. The gastropub will open its doors to the public in February of 2015 and will feature 8,500 square feet of… Read More →