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 use core of the project.
“One Scottsdale is an important project for DMB, and this 14-acre mixed-use core is critical in driving the overall vision and plan for the property,” said Mike Burke, vice president of Commercial for DMB. “We needed a trusted sales and marketing partner that delivers results, and Cushman & Wakefield has proven to be that partner. We look forward to collaborating on this project, and creating a signature center to further enhance the Scottsdale community.”
One Scottsdale is a 120-acre mixed-use development located at the highly visible North Scottsdale intersection of Loop 101 and Scottsdale Road. Upon completion, it will include 2.8 million square feet of space for retail, restaurants, Class A office and commercial tenants, including 2,000 mixed-use residential units and 400 boutique hotel rooms.
“The location of One Scottsdale is one-of-a-kind and the team understands and values the site for its strategic location, incredible views and the fact that this is the last major undeveloped piece of privately owned land in Scottsdale that can be owned fee simple,” said Brent Moser. “The project has great potential through its walkable, amenity rich design and mix of uses. Lifestyle retail, sit down restaurants, condominiums, upscale rental multifamily and boutique hospitality are all in a position to outperform the broader market when properly designed at One Scottsdale.”
