Vestar to develop at Crossroads Towne Center
Colliers International in Greater Phoenix recently negotiated two separate long-term leases for a restaurant and dental office at a multi-tenant retail building soon to be under construction at Crossroads Towne Center in Gilbert.
Local shopping center owner, developer and manager, Vestar Development Company of Phoenix, is developing a 7,800-square-foot building at 3787 S. Gilbert Road. Delivery is anticipated by the fourth quarter of 2015.
Brian Woods, vice president, and Tom Woods, senior executive vice president, with Colliers International are Vestar’s exclusive listing agents for the shopping center.
Café Zupas LC of Sandy, Utah, leased 3,600 square feet from Vestar with representation by Western Retail Advisers of Phoenix. The restaurant specializes in soups, salads and sandwiches. This will be Gilbert’s first Café Zupas, which already has existing locations in Phoenix, Glendale and Mesa.
Gentle Dental of Vancouver, Washington, leased 3,200 square feet in Vestar’s multi-tenant building. The Woods Team represented both parties in this transaction. Gentle Dental, part of the InterDent Services Corp., has delivered comprehensive care in general, cosmetic and specialty dentistry for more than 30 years. InterDent provides management services to more than 165 affiliated dental offices employing approximately 475 dentists in the following eight states: Arizona, California, Hawaii, Kansas, Nevada, Oklahoma, Oregon and Washington.
“These two tenants will be outstanding additions to this vibrant center and we look forward to their openings next year,” said Brian Woods.