After the construction boom in 2006-2008 that saw 7 million to 9 million square feet of new retail space each year, Dave Cheatham of Velocity Retail Group thinks Phoenix is…
Grocery-anchored retail centers continued to be an attractive property type for investors in 2017, with sales volumes increasing by 5.3 percent, according to JLL’s Grocery Tracker 2018 report. Here are grocery trends…
Two retailers that began as online-only marketplaces are setting up shop at Scottsdale Fashion Square. Morphe, a beauty brand, and UNTUCKit, a men’s clothing retailer, are part of a growing trend of…
In each issue of AZRE magazine, we feature six New to Market projects you need to know about. This issue’s projects feature upcoming hospitality, retail and multifamily projects that are sure…
Wadsworth Development Group in partnership with Accelerated Development Services held a ribbon cutting and grand opening ceremony today at The Crossing at Sahuarita Shopping Center in Sahuarita, Arizona. The 150,000…
The Greater Phoenix retail market posted an unusually strong first quarter. The past three months marked the strongest first quarter performance since 2008 as retailers ramped up activity in response…
Landlords and developers are eyeing the Toys ‘R’ Us store properties in Arizona after the retailer announced it would close or sell all of its U.S. stores. The toy retailer filed for bankruptcy…
For the last few years, food halls have spread across America, with the market expected to triple in size by 2020, according to a report by Cushman & Wakefield. But…
Changes in consumer preferences, population dynamics, and real estate requirements have created opportunities for mall owners to respond with new design concepts, retail formats, public space, and amenities. Re-positioning and…
KatzDesignGroup recently provided full scope interior design for the first medical marijuana dispensary to open in Chandler, Ariz. Territory Dispensary opened its doors March 9 at 7200 W. Chandler Blvd.,…
Park Central, the soon-to-be-revitalized mall in Central Phoenix, is kicking off leasing activity by renewing leases of four key tenants — Fired Pie, Thai Basil, Gainshare Inc. and Starbucks. These renewals — which total…
SimonCRE closed on the purchase of a 1.33-acre outparcel at the Peoria Crossings shopping center in Peoria, Arizona. The Scottsdale-based developer is adding a 10,500-square-foot, multi-tenant retail building positioned at the…
