Village at Prasada gets two new restaurants
SimonCRE, a national commercial real estate development and acquisition firm, has released that it has signed two more restaurants, Lou…
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Fiesta Mercado shopping center in Tucson sells for $12.27M
SRS Real Estate Partners’ National Net Lease Group (NNLG) announced on Aug. 11 it has completed the $12.27 million sale…
Read MoreRetail is making a comeback: Here’s what experts say
Even before the COVID-19 public health crisis, brick and mortar retailers were facing headwinds thanks to the convenience of online…
Read MoreMekong Plaza expanding in Mesa’s Asian District
Today, Mekong Real Estate Investment Group, owner of Mekong Plaza located in Mesa’s Asian District, broke ground on a more…
Read MoreSunrise Market in Verrado will break ground this summer
Main Street at Verrado is a tree-lined street of shops, eateries, services and offices owned by Main Street Core Properties, LLC. This…
Read MoreEvergreen Devco’s Chandler Pavilions shows resilience, 100% leased
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced that its Chandler Pavilions, a 163,594 square-foot high-traffic…
Read MoreGreater Phoenix retail vacancy returns to pre-pandemic level
Dynamic growth in population and increased consumer spending are factors driving improvement in the Greater Phoenix retail real estate market,…
Read MoreRetail absorption in 1st half of 2021 doubles entire total for 2020
The Greater Phoenix retail real estate market is rebounding with the first half posting positive net absorption that totaled more…
Read MoreInvestor demand returns to retail as consumers spend again
Consumer spending on retail has rebounded, eclipsing pre-COVID levels. Now, investor confidence – and demand – is following, evidenced by…
Read MorePhoenix retail vacancy drops as leasing activity accelerates
The first quarter of 2021 brought positive net absorption to the Greater Phoenix retail market, according to a report released…
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