vestar development Archives

Development veteran joins Velocity Retail Group

Trey Eakin
by in AZRE Magazine | Newsmakers

Accelerated Development Services, a division of Velocity Retail Group, has hired Trey Eakin as Senior Vice President of Development Services effective immediately. A 30 year veteran in the retail development arena, Trey’s experience includes acquisitions, oversight, strategic analysis, project management, and lease up of retail and mixed-use projects totaling over $1 billion in value. Accelerated Development… Read More →

Vestar's Hanley, 70, Dies Of Pancreatic Cancer

Lee Hanley - Vestar
by in Business News

Lee T. Hanley, CEO of  Vestar Development, one of the largest privately held shopping center companies in the Western U.S., died Sunday. He was 70. The cause was pancreatic cancer. Hanley spent more than three decades in the industry and was regarded by many as an icon in the development community. Under his leadership, Vestar,… Read More →

Vestar Development, Rockwood Capital Acquire LV Retail Center for $79M

Vestar Development Investment
by in Investment

Phoenix-based Vestar Development, in a joint venture with New York-based Rockwood Capital, is acquiring The District at Green Valley Ranch, a 384,107 SF landmark retail property located outside of Las Vegas, for $79M, the firms announced. The all-cash deal, the city’s second largest commercial real estate investment transaction in three years, closed Friday, October 21.… Read More →

Newsmakers: AZRE Magazine May-June 2011

Newsmakers, AZRE Magazine March/April 20111
by in Newsmakers

Newsmakers in Arizona Real Estate Newsmakers in the commercial real estate industry are featured each issue. Here are the movers and shakers for May – June 2011: Shelly Cramer joined GPE Commercial Advisors as associate vice president in sales and leasing, with an emphasis in dental and veterinary properties. Her past professional experience includes positions… Read More →