Whitestone REIT Archives

Popular breakfast restaurant, The Place, opens in DC Ranch

The Place
by in Eat | Experience AZ Magazine

The Place, a popular breakfast restaurant in Phoenix, opened up a new location at Market Street at DC Ranch near Pima Road and Thompson Peak Parkway, according to an announcement from Whitestone REIT. The Place, Mike and Rhonda’s Restaurant, serves large breakfast and lunch portions with their biscuits and gravy, bacon and chicken fried steak… Read More →

2 property retail portfolio sells for $72.5M

by in AZRE Magazine | Brokerage | Retail

A two property Class A retail portfolio in Scottsdale, which includes Scottsdale Seville and La Mirada Shopping Center, sold for $72,500,000 million, according to Lee & Associates. The Fincham Dempsey Team at Lee & Associates, led by principals Jan Fincham and Pat Dempsey, facilitated the transaction along with Lee principals Craig Coppola and Andrew Cheney and… Read More →

Mercado at Scottsdale Ranch adds 3 new retailers


Whitestone REIT (NYSE: WSR) added three new retailers at The Mercado at Scottsdale Ranch on East Via Linda and Mountain View Road in Scottsdale: Crave Grounds, Lee’s Martial Arts and Hearing USA. Additionally, a change in ownership of two established restaurants, The Egg I Am and Violá! French Bistro – as well as menu expansion for… Read More →

Jalapeño Inferno brings Sonoran flair to Market Street at DC Ranch

After 15 years in business, family owned and operated Mexican restaurant, Jalapeño Inferno, has opened its second North Scottsdale location. Owners Terry and Laura Craig opened the first location at the northeast corner of Scottsdale Road and Pinnacle Peak Road in (2000), and just last month opened their second location at Market Street at DC… Read More →

Pima Norte signs three tenants

by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Whitestone REIT (“Whitestone”), a fully integrated real estate company that owns, operates and re-develops Community Centered Properties, welcomed new tenants Berkshire Hathaway HomeServices Arizona Properties, Carefree Movement and KT Financial at the Pima Norte property located just north of Scottsdale, Ariz., in the Carefree and nearby Cave Creek area. Pima Norte, an executive office and… Read More →

Pima Norte Signs Five New Leases

by in AZRE Magazine | Brokerage

Five businesses have signed leases in Whitestone REIT’s Pima Norte office complex located in Carefree including Prudential Real Estate, Carefree Movement Physical Therapy, Hundman Law Offices, Oz Directional Drilling and Full Circle Homes. Strategically located at the southwest corner of Pima Road and Cave Creek Road, Pima Norte is convenient to many upscale master planned… Read More →

PavoReal Interiors Opens at Market Street at DC Ranch

PavoReal Interiors opens this month at Market Street at DC Ranch. PavoReal Interiors specializes in custom home furnishings, including antiques, fine rugs, gallery art, custom window treatments, accessories, upholstery and bedding. “Our ability to attract established, local businesses with sophisticated taste like PavoReal Interiors shows the incredible reputation Market Street at DC Ranch has built… Read More →

Whitestone REIT Acquires Market Street at DC Ranch for $37.4M

by in Brokerage | Business News | In The Spotlight

Whitestone REIT, a real estate company that owns, operates and re-develops community centered properties, announced Thursday that it purchased Market Street at DC Ranch® in Scottsdale for $37.4M, or $156 per square foot. Market Street primarily serves the DC Ranch neighborhood, one of Scottsdale’s signature master planned communities,  anchored by Safeway grocery, at the cross roads… Read More →

Whitestone REIT Acquires The Shops at Pecos Ranch for $18.95M

  Whitestone REIT closed on the off-market purchase of The Shops at Pecos Ranch, a 78,767 SF, 100% leased community center in Chandler for $18.95M in an all-cash transaction. The center has in-place cash flow of approximately $1.6M, or 8.4% of purchase price. The Shops at Pecos Ranch, a Class-A stabilized community center completed in… Read More →