Gabriela Rico • Arizona Daily Star • September, 2026 Park Place Mall, one of two remaining enclosed malls in Tucson, is for sale and being eyed for residential and office use to sustain retailers. Phoenix-based Newmark, a real estate advisor to large investors, has been retained to market the 1.1 million-square-foot Park Place mall at […]
https://w-retail.com/wp-content/uploads/2026/10/AZ-Daily-Star_Tucson-Malls-scaled.png14322560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-10-08 12:59:562026-10-08 12:59:56Tucson Malls Face Big Changes
Corina Vanek • Arizona Republic • August 2026 A handful of new retailers, including some opening their first locations in Arizona, are nearing their debut at Tempe Marketplace. Phoenix-based Vestar, the owner and operator of the mall, located at Rio Salado Parkway and McClintock Drive, announced five new tenants, leasing a total of 25,000 square […]
Major fitness center takes first position in FIVE NORTH at VISTANCIA commercial retail area PEORIA, ARIZONA, July 22, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed the sale of 4.1 acres within FIVE NORTH at VISTANCIA from Vistancia Development LLC to Mountainside Fitness, bringing a major fitness operator to the award-winning, 7,100-acre […]
https://w-retail.com/wp-content/uploads/2026/07/MSF-Vistancia-Day-e1784844851253.jpg10372160Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-07-23 15:14:252026-07-23 15:18:50Mountainside Fitness Purchases Vistancia Land Site for New Arizona Location
Our new Tucson, Arizona market lead Nancy McClure recently joined Ed Ackerley as a guest on The Morning Voice, KVOI 1030AM, to talk Southern Arizona retail’s past, present and future. Listen to the full segment here: https://tinyurl.com/Nancy-McClure-Morning-Voice Thank you Ed, and everyone on The Morning Voice, for the invitation!
https://w-retail.com/wp-content/uploads/2026/07/Nancy-McClure-The-Morning-Voice-e1784315192555.jpg5441680Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-07-17 12:06:532026-07-17 12:16:22Nancy McClure Joins The Morning Voice to Talk All Things Tucson Retail
Names Nancy McClure Senior Vice President & Southern Arizona Market Leader TUCSON, ARIZONA, June 16, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has announced the opening of a Tucson office, further expanding the firm’s long-standing Arizona presence. The office will be led by Nancy McClure, who joins Western Retail Advisors as Senior Vice President & […]
Coffee franchise opens Mesa, Arizona drive-through as part of steady market expansion MESA, ARIZONA, May 5, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed its fourth lease for Top Fuel Espresso, supporting the homegrown Arizona business as it continues to expand its local footprint. The new Top Fuel sits on approximately one acre at […]
Western Retail Advisors completes $18 million, 38-acre land transaction for milestone project AVONDALE, ARIZONA, April 23, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed an $18,050,000 land transaction in Avondale, Arizona, that will usher in the anticipated start of Avondale Tech Center. The land seller is Z-Modular, a development company specializing in high-quality, […]
https://w-retail.com/wp-content/uploads/2026/04/Avondale-Tech-Center-scaled.png15362560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-04-23 13:28:122026-04-24 15:39:52Land Buy Makes Way for Creation’s Avondale Tech Center in Avondale, Arizona
Dylan Ortuno • Albuquerque Business First • April 9, 2026 Phoenix-based real estate firm SimonCRE announced April 7 that it has closed the sale for almost 40 acres of University of New Mexico-owned land to build a retail center. The $11.75 million purchase from UNM was first approved by the school’s Board of Regents on […]
https://w-retail.com/wp-content/uploads/2026/04/Lobo-Crossing.png13922486Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-04-13 16:08:482026-04-13 16:09:21SimonCRE closes $11.75M land deal to build Lobo Crossing retail center near UNM campus
Trend Report • April 2026 By Makenna Wesley, Associate Vice President, Western Retail Advisors Returning to the Arizona commercial real estate market after four years in Southern California has given me a clear view of how dramatically the Valley’s landscape has changed, and how exciting that feels as a retail broker. The corridors I once […]
https://w-retail.com/wp-content/uploads/2026/04/Trend-Report-April-2026.jpg3001280Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2026-04-02 11:01:202026-04-06 11:52:35Why the Next Generation of Brokers Matters More Than Ever
Three rising brokers expand firm’s market-leading brokerage bench PHOENIX, March 26, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has added three new brokers to its award-winning team, reinforcing a commitment to developing next‑generation talent and staying ahead of shifting retail trends across Arizona and the U.S. Makenna Wesely joins the company as […]
AZRE Magazine Greenwood Brewing, the award-winning Phoenix-based, woman-owned craft brewery founded by Megan Greenwood, announced today that it will open a new location in Downtown Chandler later this year. The new taproom will be located at 55 N. Arizona Place in The AJ. Owned by retail real estate investment firm Asana Partners, The AJ is […]
Senna James • AZRE Magazine • January/February 2026 Settled in the East Valley, Tempe, a city lined with red bricks, bustling roads, a sparkling lake that borders its college campus and the iconic Mill Avenue, is seeing new developments and revitalization to its 131 years of history. Despite the restrictions Tempe Town Lake poses, the […]
Lux Butler • AZRE Magazine • January/February 2026 Not long ago, some pundits, market observers and so-called gurus forewarned the inevitable death of physical retail. Headlines were littered with announcements of the biggest retailers closing, the rise of online commerce and a steep decline in foot traffic in the busiest box stores. Yet these prophecies […]
Patricia Kirk • Commercial Property Executive • January, 2026 High-street retail in urban core markets has suffered along with office properties under hybrid and distributed workforce policies. But both sectors appear to be on the path to recovery. Following the pandemic, high vacancy plagued major urban retail markets. In San Francisco’s Union Square/Post Street shopping […]
Third Arizona lease negotiated this year by WRA for leading Canadian teppanyaki concept SCOTTSDALE, ARIZONA, December 9, 2025 – Award-winning Canadian restaurant concept Edo Japanese Grill is now open at Scottsdale Fashion Square, marking the teppanyaki-inspired restaurant chain’s second, and most prominent, new U.S. location, and its brisk, Arizona-based U.S rollout. The new restaurant […]
https://w-retail.com/wp-content/uploads/2025/12/Edo-Japanese-Grill_Scott-Fash-Square-scaled-e1765474040509.jpeg15962560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-12-11 10:27:442025-12-11 10:27:44Edo Japanese Grill Advances U.S. Expansion with Scottsdale Fashion Square Opening
WRA to oversee 44,000 s.f. of retail and restaurant space along Tempe Town Lake TEMPE, ARIZONA, November 18, 2025 – Phoenix-based Western Retail Advisors (WRA) has been selected by Fenix Development as the new retail leasing team for The Watermark, a landmark mixed-use, masterplanned development located along the banks of Tempe Town Lake and minutes […]
https://w-retail.com/wp-content/uploads/2025/11/Watermark_Twilight-scaled.jpg13872560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-11-18 14:36:322025-11-18 14:36:32Fenix Development Picks Western Retail Advisors for Retail Leasing at The Watermark
By Bryan Ledbetter, Executive Vice President and Principal Western Retail Advisors Phoenix’s retail market continues to surge. Vacancies are dipping below 5 percent, gross absorption is exceeding 1.5 million square feet in the third quarter and asking triple-net rates continue to increase, reaching into the mid-$50 to $60 per square foot range for newly constructed […]
Retail experts join forces to drive center’s continued, dynamic growth amid West Valley boom PHOENIX, October 28, 2025 – In a strategic move to enhance its leasing strategy, YAM Properties has selected Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) as the new leasing team for Westgate Entertainment District. The collaboration combines YAM’s ownership and […]
https://w-retail.com/wp-content/uploads/2025/11/Westgate-Entertainment-District-e1762555433682.jpg9601200Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-11-07 16:11:242025-11-07 16:11:24YAM Properties Taps Western Retail Advisors to Lease Westgate Entertainment District
Surprise, Peoria, Maricopa additions will bring fast-casual restaurant to 20 sites statewide MARICOPA, ARIZONA, October 28, 2025 – On behalf of the popular fast casual Mexican restaurant chain Someburros, Phoenix-based retail brokerage specialist Western Retail Advisors has completed new location deals in Surprise, Peoria and Maricopa that will soon bring the hometown Arizona business to […]
SakeBomber Sushi & Grill building available following 18-year run TEMPE, ARIZONA, October 10, 2025 – After 18 years in business, restaurant owner Rebecca Jao has closed her popular SakeBomber Sushi & Grill and is looking forward to the building’s future – offering the landmark property for sale to a new business wanting to create […]
High-income demographics and growing population attract new dining, shopping and services PHOENIX, September 10, 2025 – In just under a year, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a series of new leases to bring Ridgeview Plaza in north Mesa, to 100% leased. Located on more than 12 acres at 2920 N. Power Rd., […]
https://w-retail.com/wp-content/uploads/2025/09/Ridgeview-Plaza_2.jpg13662048Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-09-10 18:33:572025-09-10 18:33:57Western Retail Advisors Brings Ridgeview Plaza in Mesa, AZ to 100% Leased
Okland Capital, San Tan Development mark progress at anticipated retail and restaurant hub GILBERT, ARIZONA, August 4, 2025 – On behalf of Okland Capital and San Tan Development Group, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a string of new leases at Northside at SanTan Village phase one, the retail and restaurant […]
https://w-retail.com/wp-content/uploads/2025/08/Northside-SanTan-Village_3-scaled.jpeg14382560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-08-04 13:21:172025-08-04 17:30:12NEW TENANTS ANNOUNCED AT NORTHSIDE MIXED-USE PROJECT IN GILBERT, ARIZONA
California-Based Salad & Sandwich Shop Set to Debut in 2026 SCOTTSDALE, Ariz. – California-based Mendocino Farms has selected Scottsdale Promenade for its newest Arizona location, continuing the popular sandwich and salad shop’s national expansion. Scottsdale Promenade, a prominent lifestyle and shopping destination, is owned by FalconEye Ventures, a real estate investment company, and managed by […]
https://w-retail.com/wp-content/uploads/2025/07/84-Cherry-Creek.jpg13982100Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-07-30 17:07:042025-07-30 17:07:36Mendocino Farms to Open at Scottsdale Promenade
Corina Vanek • Arizona Republic • July 20, 2025 The glory days of large indoor malls are over. They once served as a community gathering spot and, in the days before Internet shopping, the rare place where people could browse hundreds of stores to appeal to every taste. They are not coming back. Instead, […]
The rise of off-premise dining is reshaping restaurant real estate, driving smaller footprints, new site strategies and evolving operational demands. By Charles Skaggs for Western Real Estate Business Across the decades, brokers and operators have assessed a restaurant’s health (in part) by the buzz of its dining room. A busy floor meant a thriving concept. […]
https://w-retail.com/wp-content/uploads/2025/06/Portillos-Restaurant-of-Future-scaled.jpg14402560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-06-09 09:16:252025-06-09 09:16:25A QUIET RESTAURANT MAY BE A BOOMING RESTAURANT
Retail brokerage specialist expands role as Associate Vice President PHOENIX, May 12, 2025 – Retail brokerage specialist Western Retail Advisors has promoted John Leffler to Associate Vice President. The promotion reinforces the Phoenix-based firm’s Southern California presence, where it provides full-service brokerage solutions for the retail and restaurant sectors. Based in the firm’s Irvine, California office, Leffler will […]
https://w-retail.com/wp-content/uploads/2025/05/John-Leffler.jpg8861920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-05-12 02:44:002025-05-12 02:49:29Western Retail Advisors Strengthens Southern California Presence with Promotion of John Leffler
The newest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 191 features Kalen Rickard of Western Retail Advisors, who talks about the hot retail market in Metro Phoenix. Listen in here: https://tinyurl.com/AZBigPodcast
https://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.png00Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-05-12 02:26:052025-06-09 09:18:10AZ Big Podcast: Kalen Rickard of Western Retail Advisors talks hot retail market
Award-winning companies join forces at high-traffic metro Phoenix retail center (Phoenix, AZ) April 24, 2025 – Superstition Gateway in Mesa, Arizona has a new property team. As of today, Vestar, the leading privately held shopping center owner and manager in the western United States, has been awarded the role of property management, while retail brokerage […]
https://w-retail.com/wp-content/uploads/2025/04/Superstition-Gateway-scaled.jpeg15762560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-04-25 16:38:302025-04-25 16:38:30Vestar and Western Retail Advisors Selected to Lease, Manage Superstition Gateway in Mesa, AZ
Longtime team member brings market expertise, hands-on deal execution to expanded role PHOENIX, April 22, 2025 – Phoenix-based retail brokerage specialist Western Retail Advisors has promoted Jared Cauffield to Associate Vice President, expanding his role as a retail leasing specialist focused on sourcing opportunities, developing tailored leasing strategies and negotiating agreements that establish thriving […]
https://w-retail.com/wp-content/uploads/2025/04/JARED-CAUFFIELD-1.jpg8861920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-04-22 14:17:122025-04-22 14:27:35Western Retail Advisors Promotes Jared Cauffield to Associate Vice President
The next wave of major retail development is in full swing in the West Valley Western Retail Advisors Partner Ryan Desmond recently spoke to the Phoenix Business Journal about the booming West Valley retail market, discussing the submarket’s existing retail inventory and the retail projects to come. Read on for an excerpt of that story. […]
https://w-retail.com/wp-content/uploads/2025/04/PBJ-Article.jpg8861920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-04-14 16:46:272025-04-14 16:46:27Rise of the power centers
By Charles Skaggs, Western Retail Advisors Executive VP & Principal, for TREND Report • April 2025 Metro Phoenix’s restaurant scene is experiencing a seismic shift, with historic low vacancy rates, vigorous competition for prime available space and rents that continue to trend upward in response. At the end of the first quarter, the metro Phoenix […]
https://w-retail.com/wp-content/uploads/2025/04/Trend-April-Byline.jpg10801920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-04-01 11:16:012025-04-01 11:16:01Serving Up Growth: The Phoenix Restaurant Market is Booming
AZRE Magazine • March 24, 2025 Oak Brook, Illinois-based Kensington Development Partners (Kensington), along with IM Properties, have acquired Phase I of a prime 30-acre infill land parcel in Gilbert, Arizona, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within the popular SanTan Village retail, restaurant and […]
Firms and Individuals Recognized for Achieving Highest Sale and Lease Transaction Volume in 2024 By CoStar Research Meet the top commercial real estate firms and brokers in the Phoenix market who have been recognized as CoStar Power Brokers for their exceptional deal-making. Each year, CoStar identifies a select number of real estate firms and individual […]
https://w-retail.com/wp-content/uploads/2025/03/CoStar-for-News-page-winner.jpg6271200Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-03-10 15:31:032025-03-10 15:31:03Top Dealmakers in Phoenix Named CoStar Power Brokers
Fully leased Ahwatukee-area retail center secures full price with multiple offers PHOENIX, March 5, 2025 – Phoenix-based retail brokerage specialist Western Retail Advisors has completed the $4,468,467 sale of the Shops at Kohls, a fully occupied, 11,395-square-foot multi-tenant retail center in Phoenix’s Ahwatukee community. The Shops at Kohls sits on 1.1 acres at 4645 E. Chandler […]
https://w-retail.com/wp-content/uploads/2025/03/Shops-at-Kohls-scaled.jpg14222560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2025-03-05 15:22:292025-03-05 15:22:29Western Retail Advisors Sells the Shops at Kohls in Phoenix for $4.46 Million
Urban Air signs on as first new anchor tenant at evolving East Valley infill retail property MESA, ARIZONA, December 10, 2024 – Long-time Valley commercial real estate owner Mekong Real Estate Investment Group has secured the first of several anticipated new lease commitments at Broadway Mesa, a 183,535-square-foot retail center slated for a major renovation […]
https://w-retail.com/wp-content/uploads/2024/12/Broadway-Mesa_Elevations-Renovation-1-scaled.jpg14402560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-12-12 14:16:582024-12-12 14:16:58Renovations, new tenants coming to Broadway Mesa in Mesa, AZ Asian District
Arizona Progress & Gazette • Nov. 25, 2024 Marshalls, Happy Beauty, Sit Still Kids & Revelashons Among the Retail Destination’s Latest Additions Vestar, the largest privately held shopping center owner and manager in the western United States, is excited to announce the new wave of tenants at Chandler’s Las Tiendas Village, enhancing the retail, beauty, […]
https://w-retail.com/wp-content/uploads/2024/12/Las-Tiendas.jpg10671600Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-12-10 13:30:332024-12-10 15:11:53Vestar Welcomes New Wave of Major Tenants at Chandler’s Las Tiendas Village
Demand for retail spaces in Greater Phoenix remains high, thanks in part to the region’s consistently growing population. According to Avison Young’s Second Quarter 2024 Retail Market Report, “Phoenix’s retail vacancy rates are remarkably low, both historically and on a national scale. In Q1, direct vacancy hit a record low of 4.9%. While the […]
https://w-retail.com/wp-content/uploads/2024/11/Okland_Northside_2.jpg11242000Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-11-27 15:23:072024-11-27 15:28:39Northside at SanTan Village brings new mixed-use center to Gilbert
REBusiness Online • Nov. 22, 2024 Vestar has broken ground on Verrado Marketplace, a retail destination at the northeast corner of Interstate 10 and Verrado Way in Buckeye. The 500,000-square-foot development is situated at the entrance to DMB Associates’ 8,800-acre Verrado master-planned community. The $275 million project is projected to generate more than $50 million […]
https://w-retail.com/wp-content/uploads/2024/11/20240403-Haus-of-Brews_Vestar-Views-3_JC_4-scaled.jpeg14402560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-11-25 13:40:402024-11-25 13:40:40Vestar Starts Construction on 500,000 SF Verrado Marketplace in Buckeye, Arizona
Western Retail Advisors Founding Partner Eric Termansen recently answered some questions for the Phoenix Business Journal as part of it’s annual annual Commercial Real Estate Brokerages list. As PBJ Research Director Dale Brown notes, CRE brokerages, “have been asked to do magic of late, such as putting together solid sales and lease deals when industry […]
AZRE Magazine • September 2024 The commercial real estate market in Greater Phoenix has expanded in recent years, with some sectors outperforming others. With 2024 beginning to wane, AZRE magazine sat down with the following NAIOP Arizona members to learn more about their areas of expertise and what trends to watch in commercial real estate: […]
https://w-retail.com/wp-content/uploads/2024/09/NAIOP-Members-Detail-Trends-1-scaled.jpg11102560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-09-16 15:24:322024-09-16 15:26:33NAIOP members detail trends to watch in commercial real estate
Several new major retailers have committed to SimonCRE’s Prasada North in Surprise, Arizona, where Western Retail Advisors is the exclusive leasing brokerage. These retailers include: Nordstrom Inc., opening a 26,000-square-foot Nordstrom Rack, the first in the far West Valley. Old Navy, opening a nearly 13,000-square-foot store. DSW, opening a 16,500-square-foot store. Sierra Trading Post, opening […]
https://w-retail.com/wp-content/uploads/2024/08/Nordstrom-Rack.jpeg506900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-08-22 13:10:272024-08-22 13:10:27Nordstrom Rack, Sierra Trading Post and more inked for new West Valley shopping complex
Prasada shopping complex in Surprise a hit with retailers, more growth expected Nearly three years after SimonCRE initiated construction of the 700,000-square-foot Prasada in Surprise, Arizona, all retail spaces in the outdoor shopping center have been filled. The second phase, known as Prasada North, encompasses 350,000 square feet, with only 20,000 square feet remaining available […]
https://w-retail.com/wp-content/uploads/2024/08/Village-at-Prasada.jpeg505900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-08-08 13:00:142024-08-09 13:46:19Prasada shopping complex in Surprise a hit with retailers, more growth expected
Western Retail Advisors selected to lease 37,245 s.f. phase one retail, restaurant hub GILBERT, ARIZONA, July 23, 2024 – Okland Capital and San Tan Development Group today announced they have broken ground on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan […]
https://w-retail.com/wp-content/uploads/2024/07/Okland_Northside_1-scaled.jpg14382560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-07-25 17:31:282024-07-25 17:31:28Okland Capital and San Tan Development Group Break Ground on Mixed-Use Northside Development in Gilbert, Arizona
Western Retail Advisors is a proud new member of Phoenix Community Alliance. We recently shared our thoughts on downtown Phoenix and our PCA membership. To learn more about PCA, visit phoenixcommunityalliance.com. Why did you/your organization become a member? We became a member because we believe in PCA’s mission and values. As a retail-focused brokerage firm, […]
https://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.png00Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-07-16 18:53:222024-07-16 18:57:20Q&A with Phoenix Community Alliance
Fifth metro Phoenix Whole Foods to locate at Downtown East Shopping Center SCOTTSDALE, ARIZONA, April 30, 2024 – On behalf of Miller Plaza LLC, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a 35,222-square-foot lease that will bring a new Whole Foods store to Downtown East Shopping Center, located at Indian School and Miller […]
https://w-retail.com/wp-content/uploads/2024/04/Whole-Foods_Downtown-East_Conceptual-Only-scaled.jpg10592560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-04-30 10:57:492024-04-30 10:57:49Western Retail Advisors Will Bring Whole Foods to the Heart of Scottsdale
Strong retail outlook, Glendale Community College-adjacent location spur deal GLENDALE, ARIZONA, April 24, 2024 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed the $5.5 million sale of Avenue at Olive Park, a fully leased retail center located at the northeast corner of Olive and 59th avenues, directly across the street from Glendale […]
https://w-retail.com/wp-content/uploads/2024/04/Olive-Park-scaled.jpg15522560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-04-26 10:39:462024-04-26 10:40:37Western Retail Advisors Sells Avenue at Olive Park in Glendale, AZ for $5.5M
Newly built neighborhood center is home to premier restaurant, retail with an available Phase 2 PEORIA, ARIZONA, April 8, 2024 – Phoenix-based retail brokerage specialist Western Retail Advisors has completed the $11.1 million sale of 83 Marketplace. The newly built, Class A retail center was developed by Scottsdale-based Cavan Companies. It spans three buildings at […]
Commercial real estate leasing and sales brokers scored significant deal successes during 2023, a year of macroeconomic challenges. Connect CRE’s annual Top Broker Awards spotlights the year’s leading dealmakers – 110 brokers or teams from across the U.S. Ten winners were selected from the Phoenix/Southwest region, including Western Real Estate Advisors Partner Neil Board. Congratulations […]
– Patrick Sullivan The Phoenix retail market is sizzling hot, with vacancy rates hovering at around 5% and new construction booming. But how do landlords and retailers know exactly where to place their bets in this competitive landscape? Enter the Geographic Information Systems (GIS) analyst—trained to gather and analyze real estate trends and demographic […]
https://w-retail.com/wp-content/uploads/2024/03/Byline-Top3-1.jpg9001500Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-03-27 13:22:082024-03-29 11:41:59Retail Outlook Through Cutting Edge GIS
Erin Thornburn AZRE Magazine While we don’t have a crystal ball to look ahead when it comes to Arizona’s commercial real estate outlook for 2024, several factors historically influence the state’s market — and those companies on the list of the AZ Big 100 for 2024 will be shaping those factors. Arizona’s growing population, a […]
https://w-retail.com/wp-content/uploads/2024/01/Katie-Weeks_Individual-Page-e1705043027948.jpg7451920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-01-12 00:04:112024-01-12 00:04:11AZ Big 100: 50 commercial real estate leaders to watch in 2024
Brandon Brown, Phoenix Business Journal A common refrain I heard in 2023 from brokers, landlords — really, anyone in the Valley’s retail commercial real estate world — was “I’m lucky to be in Phoenix.” Compared to the rest of the country, Phoenix’s retail real estate market performed extremely well in the past 12 months with […]
https://w-retail.com/wp-content/uploads/2024/01/PBJ-WRA-Retail-Story.jpeg506900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2024-01-04 12:57:452024-01-04 12:57:45Will Phoenix’s hot retail real estate market continue into 2024?
Nearing the end of a year fraught with myriad challenges to commercial real estate finance, investing, and development, industry experts offered their recaps of 2023 and predictions for 2024 without mincing words about the struggles and triumphs… Overall Phoenix Retail Market A surge of retailers is vying to plant a flag or expand their presence […]
Audrey Jensen, Phoenix Business Journal Target, Safeway and a Harkins BackLot entertainment complex will be the anchor tenants for the planned Verrado Marketplace with their doors opening by the end of 2025, Phoenix-based Vestar and DMB Associates have confirmed. The first-of-its-kind shopping center for Buckeye will total 500,000 square feet with a host of retailers, restaurants […]
https://w-retail.com/wp-content/uploads/2023/12/verrado-marketplace-1_900xx7680-4320-0-0.jpg506900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-12-04 14:55:102023-12-05 15:00:58Target among major tenants announced for Verrado Marketplace in Buckeye
by Bryan Ledbetter, Western Retail Advisors With communities like Peoria, Surprise, Buckeye and Goodyear ranking among the fastest-growing cities in Arizona, the West Valley now boasts a population of approximately 1.7 million residents, booming employment opportunities along the Loop 303 and a retail market that has come into its own. Retailers of all types are […]
https://w-retail.com/wp-content/uploads/2023/12/West-Valley-CRE-Growth-1024x597-1.jpg5971024Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-12-03 14:54:062024-01-12 10:52:20West Valley Retail: A Booming Market
Vestar, one of the leading privately held shopping center owners and managers in the western United States, announced 11 new tenants will join the dynamic roster of retailers at Tempe Marketplace, further elevating the shopping experience for residents and visitors alike. Totaling more than 54,000-square-feet of retail and restaurant space, the addition of these tenants brings the center to nearly 100% […]
https://w-retail.com/wp-content/uploads/2023/11/Tempe-Marketplace.jpg7681366Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-11-27 12:56:302023-12-05 14:43:1111 new tenants are coming to Tempe Marketplace
PHOENIX, Ariz., Nov. 15, 2023 – Dave’s Hot Chicken, a Nashville-style hot chicken restaurant from Southern California, is set to open its second location in Phoenix this week, and has plans to open several more in the coming months. Dave’s Hot Chicken has gone from a scrappy, late-night pop-up to being the fastest growing restaurant […]
https://w-retail.com/wp-content/uploads/2023/12/Elevated_Daves_Exterior.jpg10001500Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-11-15 14:45:002023-12-05 14:52:34Dave’s Hot Chicken Brings the Heat to Phoenix
Eric Termansen Founding Partner Western Retail Advisors Termansen’s career in commercial real estate spans more than three decades, the last 22 years of which he has served as the founding partner of Western Retail Advisors (WRA). Under Eric’s direction, WRA has grown to represent more than 175 tenants and over 90 landlords with […]
https://w-retail.com/wp-content/uploads/2023/11/Eric-Termansen-PTK-1.jpg5441920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-11-03 08:00:152023-11-02 15:48:41WRA FOUNDING PARTNER ERIC TERMANSEN SELECTED AS 2024 PEOPLE TO KNOW
Industry veteran Darrell Deshaw and up-and-comer Rachel Bliss grow retail brokerage PHOENIX, Oct. 31, 2023 – Phoenix-based retail specialist Western Retail Advisors (WRA) has expanded its Phoenix brokerage team, adding industry veteran Darrell Deshaw as Vice President and Rachel Bliss as Senior Associate. Deshaw brings 18 years of commercial real estate experience spanning over $400 million […]
Western Retail Advisors completes 13 lease transactions since taking over retail listing PEORIA, ARIZONA, September 27, 2023 – On behalf of institutional owner and investor Westwood Financial, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a string of leases that bring the Agua Fria Plaza retail center in Phoenix’s West Valley to 100% leased. […]
https://w-retail.com/wp-content/uploads/2023/09/Center-Photo.png4941294Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-09-27 11:49:422023-09-27 11:50:12West Valley Retail Demand Brings Phoenix’s Agua Fria Plaza to 100% Leased
Audrey Jensen, Phoenix Business Journal The city of Surprise is using an international holiday dedicated to meatballs to court one of the city’s top-requested retailers: IKEA. “When we discovered there was a Swedish Meatball Day, we thought, ‘Let’s just have some fun,’” said Surprise’s economic development director, Jeanine Jerkovic. The West Valley municipality, which […]
https://w-retail.com/wp-content/uploads/2023/09/IKEA.jpeg506900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-09-13 10:48:432023-09-13 10:49:46Surprise gets creative to lure IKEA, Swedish meatballs to West Valley
Brandon Brown, Phoenix Business Journal Activity in the downtown Phoenix area hasn’t fully recovered since before the Covid-19 pandemic but is performing better than most large cities across North America, according to recent data from the University of Toronto. Phoenix ranked No. 21 out of 63 downtowns measured, with a 72% recovery rate in the […]
https://w-retail.com/wp-content/uploads/2023/08/gettyimages-1153267720_900xx2121-1195-0-113.jpg507900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-08-15 11:22:372023-08-17 16:04:57How downtown Phoenix compares to other cities for Covid-19 pandemic recovery
Western Retail Advisors completes lease for new Indian School Road location Leading retail brokerage firm Western Retail Advisors (WRA) has completed the lease for a new Starbucks in Avondale, Arizona, featuring the Valley’s first-ever Starbucks double drive through with two order points. The lease relocates Starbucks from an adjacent, undersized store into a larger, 3,070-square-foot […]
https://w-retail.com/wp-content/uploads/2023/08/Starbucks_Avondale-2-scaled-e1691793706100.jpg10931650Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-08-10 15:37:432023-08-11 15:52:46Starbucks Opens Only Metro Phoenix Double Drive Through in Avondale
Angela Gonzales, Phoenix Business Journal Mountainside Fitness plans to open its biggest Arizona fitness center to date. The Scottsdale-based health club just signed a 50,320-square-foot lease to take over a former Albertson’s grocery store at Scottsdale Towne Center, built by Vestar at the southeast corner of the Pima Freeway and Frank Lloyd Wright Boulevard. The […]
https://w-retail.com/wp-content/uploads/2023/08/Albertsons-Mountainside-Fitness.jpeg506900Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-08-08 16:55:272023-08-08 17:01:55Mountainside Fitness set to start work on biggest Arizona fitness center
Ron Davis, Phoenix Business Journal The bankruptcy of home goods retailers Bed Bath & Beyond and Buybuy Baby will leave more than 10 big box spaces vacant in the Valley. Retailers, landlords, and commercial brokers could see an opportunity to write the next chapter of those empty buildings Generally, a Bed Bath & Beyond store […]
https://w-retail.com/wp-content/uploads/2023/07/BBB.jpeg410750Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-07-27 17:26:572023-07-27 17:26:57Bed Bath & Beyond locations shuttered around Valley could be in high demand
Audrey Jensen, Phoenix Business Journal A rendering shows the design for the planned Verrado Marketplace in Buckeye, which will be developed and operated similar to the developer’s other projects in the Valley, such as Desert Ridge Marketplace. A new Target, Harkins Theatres and more could be some of the first tenants secured for the planned […]
https://w-retail.com/wp-content/uploads/2023/06/Verrado-Marketplace.jpg13442550Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-07-17 13:48:382023-07-17 13:48:38Target, Harkins Theatres on wish list for huge Buckeye shopping center, documents show
Audrey Jensen, Phoenix Business Journal The new Village at Prasada shopping center will bring new restaurants, stores and entertainment options to the Loop 303 area in Surprise. Target, Kohls, Boot Barn and more are bringing new stores to the fast-growing Prasada shopping centers in Surprise that are being developed by Scottsdale-based national retail developer SimonCRE. […]
https://w-retail.com/wp-content/uploads/2023/07/Prasada-North-1.jpeg450800Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-07-03 15:46:242023-07-03 15:46:24Target, Kohl’s and more confirmed for fast-growing retail center in Surprise
Audrey Jensen, Phoenix Business Journal SimonCRE has partnered with Carefree Partners to develop the first phase of the Surprise City Center in the West Valley Scottsdale-based SimonCRE has jumped on board with Phoenix-based Carefree Partners to develop a portion of the Surprise City Center in the West Valley. The companies have formed a joint venture to develop […]
https://w-retail.com/wp-content/uploads/2023/07/Surprise-City-Center-1.png451800Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-07-02 15:47:292023-07-03 16:01:33New Valley downtown project secures several tenants through new partnership
Demand abounds but inventory is tight as construction works to catch up WESTERN REAL ESTATE BUSINESS May 2023 By Ryan Desmond, Partner, Western Retail Advisors Metro Phoenix’s population grew faster than any other major U.S. city between 2010 and 2020. In 2021, the Valley’s 1.48 percent population growth continued to far exceed the […]
https://w-retail.com/wp-content/uploads/2023/06/Verrado-Marketplace.jpg13442550Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-06-06 14:51:172023-06-06 15:04:12PHOENIX RETAIL IS FLYING HIGH
ICSC Commerce + Communities Today by Paul Bergeron March 22, 2023 For national retailers that have saturated urban areas or that struggle to find available space to lease, rural areas provide runway to new consumers. “The economics are often better on real estate in rural areas,” said Lisa Christianson, president and owner of Christianson & […]
Corina Vanek Arizona Republic May 1, 2023 Metro Phoenix is in the midst of a mall renaissance. Shopping malls were once a main venue for entertainment, attracting shoppers into large department stores, catering to a wide variety of people eating in the food court and boasting other offerings, like skate parks, movie theaters and arcades. […]
https://w-retail.com/wp-content/uploads/2023/05/Tempe-Marketplace-scaled.jpg14452560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2023-05-05 03:49:282023-05-05 03:49:28From Los Arcos to Paradise Valley to Metrocenter, Phoenix- area mall sites are making a comeback
Two new sit-down restaurants have been unveiled for the planned 700,000-square- foot shopping, entertainment and dining center in Surprise, Village at Prasada, which is nearly 100% leased. The two new restaurants, Lou Malnati’s Pizzeria and Cold Beers & Cheeseburgers, will be located within the development’s restaurant row, Street Fare at Alexandria. This will be the […]
https://w-retail.com/wp-content/uploads/2022/08/wra-village-at-prasada.jpg7001900Niki Blakerhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngNiki Blaker2022-08-25 03:11:012022-08-25 03:11:01Two new restaurants sign on to open at Village at Prasada shopping center in Surprise
SimonCRE, a national commercial real estate development and acquisition firm, has released that it has signed two more restaurants, Lou Malnati’s and Cold Beers & Cheeseburgers, to be added to the Street Fare at Alexandria. Located in the upcoming retail center Village at Prasada in Surprise, this restaurant hub is centrally located to provide Surprise […]
https://w-retail.com/wp-content/uploads/2022/08/wra-village-at-prasada-restaurants.jpg7001900Niki Blakerhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngNiki Blaker2022-08-25 02:51:002022-08-25 02:55:06Village at Prasada in Surprise gets 2 new restaurants
Press release provided by Harkins Theatres / Mark Boisclair Originally published February 2, 2022 Scottsdale-based Harkins Theatres is looking to open another new location in the West Valley. Big projects are on their way to Peoria, the fast-growing suburb just northwest of Phoenix. The city has had several developments in the works over the past […]
https://w-retail.com/wp-content/uploads/2022/02/wra-careers-header.jpg4401900Niki Blakerhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngNiki Blaker2022-02-05 04:05:222022-03-19 01:45:45Join the Western Retail Advisors Team
Nike Unite will open this fall at Desert Ridge Marketplace in the District near Copper Blues Live and Dave & Buster’s. Nike brings inspiration and innovation to every athlete. Experience sports, training, shopping, and everything else that’s new at Nike in men’s, women’s and kids apparel and footwear. The 13,602 square-foot retailer joins Desert Ridge […]
The Team Behind Maple& Ash Set to Open Second Scottsdale Restaurant etta, a neighborhood-style restaurant known for its wood-fired dishes and led by two-time Michelin-starred Chef Danny Grant is coming to Scottsdale Quarter in Fall 2021. Located at Scottsdale Quarter in the former BRIO location, etta will be the second concept in Scottsdale from hospitality […]
https://w-retail.com/wp-content/uploads/2021/05/etta-restaurant-rendering-scottsdale-quarter.jpeg7201280Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2021-05-19 01:22:062021-05-20 23:29:29Etta to Debut this Fall at Scottsdale Quarter
Where you once would go to a medical office building to visit your doctor, you can now find your local dentist, physical therapist, or acupuncturist popping up at your neighborhood-anchored retail center. This new concept coined “Medtail” where retail meets medical, is quickly popping up in retail centers across the U.S. Now more than ever, […]
https://w-retail.com/wp-content/uploads/2021/02/wra-medtail-blog-graphic-scaled.jpg8932560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2021-02-11 03:54:442021-02-11 03:54:44Medtail Clients at Western Retail Advisors
ONE STOP SHOP FOR ALL THINGS BEAUTY Sephora is an innovative destination to discover the latest and greatest from the beauty industry. Since its debut in North America more than 20 years ago, Sephora has been a leader in creating an inviting atmosphere for shoppers – all while fearlessly inspiring their surrounding communities. Shoppers can […]
When you want something bad enough, sometimes driving to another state to get it is worth it. That was the thinking of Las Vegas-resident Steve Jones, who had been eying a golf cart caddy guided by GPS that follows golfers around the course and carries the clubs. He wanted it so bad, in fact, he […]
The City of Phoenix is amplifying its efforts to get the word out about an assistance program it has created through CARES Act funding. The Phoenix City Council established a $6 million fund to help impacted commercial customers with properties in the city limits in paying city services bills, chiefly water and sewer charges. The […]
https://w-retail.com/wp-content/uploads/2020/09/Business-Relief-Grant.png6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-09-02 01:58:162020-09-02 01:58:17Phoenix Accepting Grant Applications to Help Small Businesses!
Harkins Theatres Welcome Guests Back to the Magic of the Movies beginning on August 28 Contact: Jessica Reeves – jessicareeves@harkins.com, 480.627.7777 x117 Scottsdale, AZ, August 25, 2020 – Harkins Theatres, Arizona’s homegrown movie theatre company is thrilled to welcome guests back to the Ultimate Moviegoing experience beginning this Friday, August 28 at all Arizona theatres. […]
https://w-retail.com/wp-content/uploads/2020/08/Harkins-resized.gif6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-26 06:52:422020-08-27 00:21:11Ultimate Moviegoing is Back! All Arizona Theatres Added to Reopening
#SaveYourCinema- The COVID-19 pandemic has put movie theaters across the country at risk of going dark for good. From small independent screens to nationwide exhibitors, our local theaters employ over 150,000 people and have formed a cornerstone of the American experience for generations. Without swift action from Congress our favorite theaters could close forever, depriving […]
Scottsdale, Ariz. — SRS Real Estate Partners has arranged the sale of a single-tenant restaurant property located at 15416 N. Pima Road in Scottsdale. A Texas-based private investor sold the asset to an undisclosed buyer for $3.3 million. Built in 1996, the 3,386-square-foot building features a drive-thru. Wendy’s occupies the property on a corporate-guaranteed, triple-net lease […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-18 01:22:452020-08-18 01:22:45WRA Brokers $3.3 Million Sale of Wendy’s in Scottsdale
AZ BIG MEDIA | 12 Jul | EXPERIENCE AZ Although COVID-19 has had profound effects on many retail properties nationwide, Tempe Marketplace continues to expand. The center will debut three new tenants – Sephora, Fox in a Box Escape Room and NUTRISHOP – as part of its evolving shopping, dining and entertainment mix. Sephora, the […]
https://w-retail.com/wp-content/uploads/2020/08/Tempe-Marketplace-FwySignage.png6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-11 23:56:362020-08-12 00:01:34Tempe Marketplace adds Three new tenants
SRSA – Posted on July 31, 2020 Kirsten Early and Stephanie Hilferty of SRSA Commercial Real Estate, with Master Broker Neil Board of Western Retail Advisors, represented the tenant Total Wine in the lease transaction at River Marketplace, 4407 Ambassador Caffery Parkway in Lafayette, LA. Rhonda Sharkawy and Lauren Ryan of Stirling Properties represented the […]
https://w-retail.com/wp-content/uploads/2020/08/Total-Wine-Lafayette.jpg6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-08 01:46:482020-08-08 01:46:48Total Wine Comes to River Marketplace in Lafayette, LA
The Advocate – by Megan Wyatt, Staff Writer August 3, 2020 – 12:57 PM Total Wine & More, the country’s largest independent fine wine retailer, will open its second Louisiana location this week in Lafayette’s River Marketplace at the corner of Ambassador Caffery Parkway and Kaliste Saloom Road. The Lafayette store boasts about 30,000 square […]
https://w-retail.com/wp-content/uploads/2020/08/Total-Wine-Lafayette-RIbbon-Cut.jpg6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-08 01:45:432020-08-08 01:45:43Total Wine & More opens in Lafayette this Week
Los Angeles, CA (August 5, 2020) – A new lululemon Pop Up is now open at The Bloc, a vibrant, growing, inclusive community, a LEED™ certified Gold project, and an inflection point in the heart of downtown Los Angeles. Encompassing a full city block along LA’s iconic 7th Street corridor, The Bloc connects the financial, […]
https://w-retail.com/wp-content/uploads/2020/08/lululemon-thebloc-dtla.jpg6701920Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-08-06 00:40:432020-08-06 00:42:59THE BLOC in Downtown LA Adds lululemon to the Retail Line Up with Help of Western Retail Advisors
All four stores are set to open across the Valley of the Sun by Labor Day. PHOENIX, AZ (August 3, 2020) – Bob’s Discount Furniture, one of the fastest growing furniture retailers in the country, will celebrate its first four store openings in Arizona this month. The first-to-market Desert Ridge Marketplace store is opening this […]
We are witnessing sweeping changes in the consumer real estate sector. Some have come as a result of Covid-19, but this pandemic has only accelerated most. As we learned a dozen years ago, recessions can throw open the door to opportunities for market disruption. After the Great Recession, two unicorn companies were launched: Airbnb and […]
National Small Business Town Hall from Inc. & U.S. Chamber of Commerce: Small Business Resources By: Sean Ludwig, CO— Contributor This week, Congress passed a new $484 billion coronavirus aid package that includes $310 billion in additional funding for the Paycheck Protection Program (PPP). The PPP — part of the CARES Act — was designed […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-04-25 17:39:252020-07-29 01:05:24Details on the New Small Business Aid Package and Strategies and Ideas to Continue Through This Pause
In gratitude for those special moments when you’ve had cause to celebrate, needed comfort food fast, or went out for a perfect family gathering at your favorite eatery – consider lending a helping hand to restaurants when they need it most. Below we’ve collected a list of our clients and friends who need you to […]
By Corina Vanek – Reporter, Phoenix Business Journal Apr 14, 2020 Phoenix IDA, formerly known as the Phoenix Industrial Development Authority, is offering grants up to $10,000 for Phoenix-based small businesses impacted by the closures due to novel coronavirus. The organization — which has partnered with the Arizona Community Foundation, Arizona Public Service Co. […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-04-15 05:56:432020-07-03 03:19:25Grants Up To $10,000 Available To Some Phoenix Small Businesses
On April 9, 2020, the IRS issued Notice 2020-23 Providing Additional Relief for Taxpayers Affected by the COVID-19 Pandemic. Anyone with a 45-Day Exchange Period or 180-Day Exchange Period deadline between April 1 and July 15, 2020 will have an automatic extension to July 15th. Unfortunately, taxpayers with deadlines in February and March […]
In response to the COVID-19 pandemic, Local First Arizona and its community partners are launching a fund to provide mini-grants to Arizona’s smallest, locally owned, independent enterprises. These micro-entrepreneurs — businesses with 0-3 employees and less than $250,000 in annual revenue (approximately $35k-$45k in net profits) — need immediate assistance to sustain the impact from […]
https://w-retail.com/wp-content/uploads/2020/04/local-first.jpg3631159Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-04-07 21:02:492020-04-07 21:02:49Local First Arizona Launches Small Business Relief Fund
PRESS RELEASE PHOENIX, AZ (April 6, 2020) – Western Retail Advisors, a premier commercial real estate brokerage group with offices in Arizona & California, is bolstering its Investment Sales group with the addition of Andrew Lundahl to the firm. Lundahl will be joining the firm as the Director of Investment Sales where he will […]
https://w-retail.com/wp-content/uploads/2020/04/AndrewL_V1.jpg10222461Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-04-06 17:55:232020-04-06 17:55:23Andrew Lundahl Joins Western Retail Advisors As Director Of Investment Sales
Dear Clients, Partners, and Team members: I want to share my heartfelt thoughts for the people who have lost loved ones and jobs from this horrible pandemic. The pain of the virus is very personal for me. My father succumbed to complications from COVID-19 on Monday morning. Not every son gets to hear […]
America’s restaurants need our help! The coronavirus poses a significant threat to the future of an industry that employs more than 15 million Americans. That’s why a coalition of restaurants is asking for help. Tuesday, March 31, we’re asking everyone in America to show their support for the restaurant industry by joining #TheGreatAmericanTakeout […]
https://w-retail.com/wp-content/uploads/2020/03/GATO2.png22082208Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-31 18:51:032020-03-31 18:51:03JOIN #TheGreatAmericanTakeout For Seconds on 3/31
Article Originally Posted on Restaurant-Hospitality.com Lisa Jennings | Mar 27, 2020 A massive $2 trillion economic stimulus package designed to offer some relief for the millions of laid off workers and the nation’s small businesses was passed by the House of Representatives on Friday and sent to the President’s desk, where it will likely get […]
https://w-retail.com/wp-content/uploads/2020/03/Nancy-Pelosi-signs-CARES-Act.gif8001540Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-31 18:18:362020-06-23 05:08:03Here’s What The $2 Trillion Economic Stimulus Plan Does For Restaurants
March 31, 2020 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain […]
March 31, 2020 – Hartman Simons & Wood Faced with the unprecedented fall out from COVID-19, our real estate owners, landlords, tenants, lenders, borrowers and other clients are making real-time decisions based on the economic, governmental, public health and legal realities of the current situation. The environment is ever-evolving. In some instances, government authorities have […]
https://w-retail.com/wp-content/uploads/2020/03/woman-wearing-face-mask-3902732-scaled.jpg17072560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-31 15:42:432020-03-31 15:42:43Update on COVID-19 Impact on Commercial Real Estate Clients
March 26, 2020 The U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. An outline of the key provisions of the CARES Act is available here along with a letter from the President of ICSC.
Article Originally Posted on NRN.com Mar 25, 2020 Joanna Fantozzi | Lawyers weigh in on whether restaurants will be able to cash in on business interruption insurance during the COVID-19 panic. As restaurants have shut down across the United States in response to city and statewide coronavirus-related lockdown mandates, business owners are wondering if this disaster […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-26 19:02:422020-07-03 03:19:56Here’s What Your Restaurant Business Insurance May (Or May Not) Cover During the Coronavirus Pandemic
Article originally posted on FSR Magazine.com MARCH 24, 2020 RACHEL PITTMAN While federal stimulus packages are in the works, it could be awhile before governmental bodies agree on an approach, and before restaurants and other businesses see any cash. A ROSTER OF FUNDING PROGRAMS HAVE CROPPED UP TO HELP RESTAURANTS THROUGH THE PANDEMIC. […]
https://w-retail.com/wp-content/uploads/2020/03/restaurant-furniture_fJOErvF_.gif400266Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-24 23:03:372020-03-24 23:03:37Here’s Where Restaurants and Workers Can Get Relief Funding During Coronavirus
America’s restaurants need our help! The coronavirus poses a significant threat to the future of an industry that employs more than 15 million Americans. That’s why a coalition of restaurants is asking for help. Tuesday 3/24 restaurants across the country are asking for your support by ordering takeout during the #thegreatamericantakeout Order […]
Article originally posted on CNBC.com March 22, 2020 | Lauren Thomas KEY POINTS 1) Dozens of retailers are temporarily closing their stores, marking what is being described as an unprecedented situation. 2) This raises the question: Will these companies still be expected to pay rent? 3) COVID-19 will lead to a lot of negotiating […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-23 15:50:192020-07-03 03:20:12‘Do we still have to pay rent?’ Retailers grapple with closed stores and coronavirus
March 20, 2020 (Washington, D.C. and Los Angeles, Calif.- 18 March 2020) The movie theater industry and its employees ask for Congress and the Administration to urgently consider the following immediate relief measures, which we hope will allow the industry and its 150,000 employees, who live and work in practically every Congressional District, to weather […]
https://w-retail.com/wp-content/uploads/2020/03/image001.jpg379786Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-21 20:10:372020-03-21 20:10:37THEATER OWNERS URGE CONGRESS TO MOVE QUICKLY ON AID; PLEDGE $1 MILLION TO MOVIE THEATER EMPLOYEES
March 20,2020 Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate. HOW THE PROGRAM CAN HELP Examples: – Keep your workforce going strong – Help with your rent costs – Connect with more customers – Cover operational costs […]
https://w-retail.com/wp-content/uploads/2020/03/Screen-Shot-2020-03-20-at-9.45.23-PM.png11561436Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-21 04:51:162020-03-21 04:51:16Facebook Offering $100 Million in Cash Grants and Ad Credits to Help Small Businesses During the COVID-19 Outbreak
March 20,2020 The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Arizona small businesses suffering substantial economic injury as a result of COVID-19. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare […]
https://w-retail.com/wp-content/uploads/2020/07/wra-banner-news.png2001918Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2020-03-20 19:28:492020-07-03 03:20:27Small Business Administration to Offer Disaster Assistance to Small Businesses Amid COVID-19 Impact
Western Retail Advisors built their company with firsthand retail experience, in-depth market knowledge, established relationships, and a commitment to best-in-industry technology. These essential components are what set them apart from the rest. Since 2001, their full-service commercial real estate brokerage company has helped clients analyze and predict market trends, scout favorable locations and manage multiple, […]
By Brandon Brown – Reporter, Phoenix Business Journal Apr 10, 2019, 1:32am EDT Hometown movie chain Harkins Theatres is bringing a new multiplex to west Phoenix with shows likely ready for the screen in 2020. Company head Dan Harkins — alongside Phoenix Mayor Kate Gallego and councilmembers Michael Nowakowski and Felicita Mendoza — announced Tuesday at Cesar Chavez High School in south Phoenix the company would open a theater in […]
https://w-retail.com/wp-content/uploads/2019/04/Harkins-Laveen.jpg421750Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2019-04-17 23:32:192019-04-17 23:32:19Harkins Theatres Announces New Luxury Megaplex in Phoenix’s Laveen Village
Meow Wolf to bring hotel, immersive art venue to Roosevelt Row Latest project one of several in the works downtown for Phoenix developer Meow Wolf, an interactive, immersive art experience, is planning to open an exhibition, event space and hotel in the Roosevelt Row Arts District. PROVIDED BY MEOW WOLF By Corina Vanek – Reporter, Phoenix Business Journal […]
https://w-retail.com/wp-content/uploads/2019/02/Phoenix-Hotel.jpg421750Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2019-02-25 16:19:592019-02-25 16:19:59Meow Wolf to bring hotel, immersive art venue to Roosevelt Row
https://www.thrillist.com/travel/nation/is-phoenix-worth-visiting America’s Friendliest Big City Now Rocks a Legitimately Cool Downtown By MATT MELTZERPublished On 02/15/2019 @mmeltrez PHOENIX USED TO BE AMERICA’S CANCUN. You’d fly in and check into a resort, where you’d presumably spend the next three days sipping 1,000-calorie daiquiris poolside, along with a cohort of divorcees on Eat, Pray, Love-esque journeys. Maybe you’d venture into […]
https://w-retail.com/wp-content/uploads/2019/02/bigstock-Downtown-Phoenix-Arizona-61774382-scaled.jpg17042560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2019-02-19 18:17:512020-06-23 05:03:15America’s Friendliest Big City Now Rocks a Legitimately Cool Downtown
Continues Strong Bluhawk Momentum in Recent Weeks OVERLAND PARK, KS; November 19, 2018 – Bluhawk development named Western Retail Advisors as its exclusive leasing company for retail and restaurant space at the exceptional mixed-use development in Overland Park, Kansas. Western Retail Advisors’ leasing responsibilities will include strategic retail and restaurant space for […]
Uniqlo to open first downtown LA location BY MARIANNE WILSON August 8, 2018 Japanese apparel giant Uniqlo is coming to hip and happening downtown Los Angeles The retailer will open a store this fall at The Bloc, an open-air shopping and entertainment destination in the heart of the city’s downtown area. The 12,000 -sq.-ft., two-level location […]
https://w-retail.com/wp-content/uploads/2018/08/UNIQLO-on-The-Bloc_Flower-Street-scaled.jpg12912560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2018-08-09 16:35:092020-06-23 05:03:15Uniqlo to Open First Downtown LA Location
This fall, two great concepts come together to bring you the ultimate entertainment experience at Desert Ridge Marketplace. Located in The District, CB Live will boast an elevated cuisine and sophisticated atmosphere featuring live entertainment, from stand-up comedy to national music tours, cabaret performances and much more. CB Live, Nearly 11,000 SF, Will Join […]
https://w-retail.com/wp-content/uploads/2018/07/CB-Live-Tenant-Announcement-Email-Updated.gif9801700Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2018-07-09 22:13:452020-06-23 05:03:15New Tenant at Desert Ridge Marketplace | Copper Blues + Stand Up Live Opening Fall 2018
The Corners of Brookfield Wins Best New Development By Melanie Lawder – Reporter, Milwaukee Business Journal On a frigid Saturday afternoon this past March, 4,000 children and adults convened in the market square at The Corners of Brookfield lifestyle center for its first-ever Bunny Bash, braving the cool temperatures to hunt for treats. While a […]
https://w-retail.com/wp-content/uploads/2018/04/Corners-18-7-scaled.jpg16322560Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2018-04-17 18:52:182020-06-23 05:03:15The Corners of Brookfield Wins Best New Development
Upgrades include Ultimate Loungers™, In-Lobby Bars, Reserved Seating, Large Format Screens – CINÉ1™, enhanced technology and upscale décor Press Contacts: Jessica Reeves – jessicareeves@harkins.com, 480.627.7777 x117 Morgan Sales – morgansales@harkins.com, 480.627.7777 x106 Scottsdale, AZ: March 26, 2018 – Harkins Theatres, the largest privately-owned theatre chain in the country, announced today plans to invest over […]
http://fox13now.com/2018/04/02/dave-busters-to-open-at-the-gateway/ SALT LAKE CITY – The popular Dave & Busters restaurant and arcade will open its doors May 14 in Salt Lake City at the Gateway. Vestar is the Gateway’s parent company. It is investing $100 million in renovations for the mall. Dave & Busters is set to open its doors after it adds 250 […]
https://w-retail.com/wp-content/uploads/2018/04/Dave-Busters.gif499750Patrick Sullivanhttps://w-retail.com/wp-content/uploads/2022/01/WesternRetailAdvisors_White-HORIZ-LOGO-1.pngPatrick Sullivan2018-04-11 23:40:292020-06-23 05:03:15Dave & Busters to open at The Gateway
Tucson Malls Face Big Changes
Gabriela Rico • Arizona Daily Star • September, 2026 Park Place Mall, one of two remaining enclosed malls in Tucson, is for sale and being eyed for residential and office use to sustain retailers. Phoenix-based Newmark, a real estate advisor to large investors, has been retained to market the 1.1 million-square-foot Park Place mall at […]
Tempe Marketplace lands new retailers, including Arizona firsts
Corina Vanek • Arizona Republic • August 2026 A handful of new retailers, including some opening their first locations in Arizona, are nearing their debut at Tempe Marketplace. Phoenix-based Vestar, the owner and operator of the mall, located at Rio Salado Parkway and McClintock Drive, announced five new tenants, leasing a total of 25,000 square […]
Mountainside Fitness Purchases Vistancia Land Site for New Arizona Location
Major fitness center takes first position in FIVE NORTH at VISTANCIA commercial retail area PEORIA, ARIZONA, July 22, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed the sale of 4.1 acres within FIVE NORTH at VISTANCIA from Vistancia Development LLC to Mountainside Fitness, bringing a major fitness operator to the award-winning, 7,100-acre […]
Nancy McClure Joins The Morning Voice to Talk All Things Tucson Retail
Our new Tucson, Arizona market lead Nancy McClure recently joined Ed Ackerley as a guest on The Morning Voice, KVOI 1030AM, to talk Southern Arizona retail’s past, present and future. Listen to the full segment here: https://tinyurl.com/Nancy-McClure-Morning-Voice Thank you Ed, and everyone on The Morning Voice, for the invitation!
Western Retail Advisors Opens Tucson Office to serve Growing Arizona Retail Market
Names Nancy McClure Senior Vice President & Southern Arizona Market Leader TUCSON, ARIZONA, June 16, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has announced the opening of a Tucson office, further expanding the firm’s long-standing Arizona presence. The office will be led by Nancy McClure, who joins Western Retail Advisors as Senior Vice President & […]
Western Retail Advisors Completes Fourth Arizona Lease for Top Fuel Espresso
Coffee franchise opens Mesa, Arizona drive-through as part of steady market expansion MESA, ARIZONA, May 5, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed its fourth lease for Top Fuel Espresso, supporting the homegrown Arizona business as it continues to expand its local footprint. The new Top Fuel sits on approximately one acre at […]
Land Buy Makes Way for Creation’s Avondale Tech Center in Avondale, Arizona
Western Retail Advisors completes $18 million, 38-acre land transaction for milestone project AVONDALE, ARIZONA, April 23, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed an $18,050,000 land transaction in Avondale, Arizona, that will usher in the anticipated start of Avondale Tech Center. The land seller is Z-Modular, a development company specializing in high-quality, […]
SimonCRE closes $11.75M land deal to build Lobo Crossing retail center near UNM campus
Dylan Ortuno • Albuquerque Business First • April 9, 2026 Phoenix-based real estate firm SimonCRE announced April 7 that it has closed the sale for almost 40 acres of University of New Mexico-owned land to build a retail center. The $11.75 million purchase from UNM was first approved by the school’s Board of Regents on […]
Why the Next Generation of Brokers Matters More Than Ever
Trend Report • April 2026 By Makenna Wesley, Associate Vice President, Western Retail Advisors Returning to the Arizona commercial real estate market after four years in Southern California has given me a clear view of how dramatically the Valley’s landscape has changed, and how exciting that feels as a retail broker. The corridors I once […]
Western Retail Advisors Adds Next-Gen Talent Amid Booming Arizona Retail Growth
Three rising brokers expand firm’s market-leading brokerage bench PHOENIX, March 26, 2026 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has added three new brokers to its award-winning team, reinforcing a commitment to developing next‑generation talent and staying ahead of shifting retail trends across Arizona and the U.S. Makenna Wesely joins the company as […]
Greenwood Brewing will open Downtown Chandler location
AZRE Magazine Greenwood Brewing, the award-winning Phoenix-based, woman-owned craft brewery founded by Megan Greenwood, announced today that it will open a new location in Downtown Chandler later this year. The new taproom will be located at 55 N. Arizona Place in The AJ. Owned by retail real estate investment firm Asana Partners, The AJ is […]
How revitalization of Mill Avenue represents Tempe transformation
Senna James • AZRE Magazine • January/February 2026 Settled in the East Valley, Tempe, a city lined with red bricks, bustling roads, a sparkling lake that borders its college campus and the iconic Mill Avenue, is seeing new developments and revitalization to its 131 years of history. Despite the restrictions Tempe Town Lake poses, the […]
How brick-and-mortar retail has defied the dour predictions
Lux Butler • AZRE Magazine • January/February 2026 Not long ago, some pundits, market observers and so-called gurus forewarned the inevitable death of physical retail. Headlines were littered with announcements of the biggest retailers closing, the rise of online commerce and a steep decline in foot traffic in the busiest box stores. Yet these prophecies […]
High-Street Retail Regains Traction in the ‘New’ Downtown
Patricia Kirk • Commercial Property Executive • January, 2026 High-street retail in urban core markets has suffered along with office properties under hybrid and distributed workforce policies. But both sectors appear to be on the path to recovery. Following the pandemic, high vacancy plagued major urban retail markets. In San Francisco’s Union Square/Post Street shopping […]
Edo Japanese Grill Advances U.S. Expansion with Scottsdale Fashion Square Opening
Third Arizona lease negotiated this year by WRA for leading Canadian teppanyaki concept SCOTTSDALE, ARIZONA, December 9, 2025 – Award-winning Canadian restaurant concept Edo Japanese Grill is now open at Scottsdale Fashion Square, marking the teppanyaki-inspired restaurant chain’s second, and most prominent, new U.S. location, and its brisk, Arizona-based U.S rollout. The new restaurant […]
Fenix Development Picks Western Retail Advisors for Retail Leasing at The Watermark
WRA to oversee 44,000 s.f. of retail and restaurant space along Tempe Town Lake TEMPE, ARIZONA, November 18, 2025 – Phoenix-based Western Retail Advisors (WRA) has been selected by Fenix Development as the new retail leasing team for The Watermark, a landmark mixed-use, masterplanned development located along the banks of Tempe Town Lake and minutes […]
RETAIL GROWTH CONTINUES TO SHAPE METRO PHOENIX
By Bryan Ledbetter, Executive Vice President and Principal Western Retail Advisors Phoenix’s retail market continues to surge. Vacancies are dipping below 5 percent, gross absorption is exceeding 1.5 million square feet in the third quarter and asking triple-net rates continue to increase, reaching into the mid-$50 to $60 per square foot range for newly constructed […]
YAM Properties Taps Western Retail Advisors to Lease Westgate Entertainment District
Retail experts join forces to drive center’s continued, dynamic growth amid West Valley boom PHOENIX, October 28, 2025 – In a strategic move to enhance its leasing strategy, YAM Properties has selected Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) as the new leasing team for Westgate Entertainment District. The collaboration combines YAM’s ownership and […]
Someburros Inks Three New Arizona Restaurant Locations
Surprise, Peoria, Maricopa additions will bring fast-casual restaurant to 20 sites statewide MARICOPA, ARIZONA, October 28, 2025 – On behalf of the popular fast casual Mexican restaurant chain Someburros, Phoenix-based retail brokerage specialist Western Retail Advisors has completed new location deals in Surprise, Peoria and Maricopa that will soon bring the hometown Arizona business to […]
Restaurant Owner Envisions Future for Landmark Tempe Property
SakeBomber Sushi & Grill building available following 18-year run TEMPE, ARIZONA, October 10, 2025 – After 18 years in business, restaurant owner Rebecca Jao has closed her popular SakeBomber Sushi & Grill and is looking forward to the building’s future – offering the landmark property for sale to a new business wanting to create […]
Western Retail Advisors Brings Ridgeview Plaza in Mesa, AZ to 100% Leased
High-income demographics and growing population attract new dining, shopping and services PHOENIX, September 10, 2025 – In just under a year, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a series of new leases to bring Ridgeview Plaza in north Mesa, to 100% leased. Located on more than 12 acres at 2920 N. Power Rd., […]
NEW TENANTS ANNOUNCED AT NORTHSIDE MIXED-USE PROJECT IN GILBERT, ARIZONA
Okland Capital, San Tan Development mark progress at anticipated retail and restaurant hub GILBERT, ARIZONA, August 4, 2025 – On behalf of Okland Capital and San Tan Development Group, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a string of new leases at Northside at SanTan Village phase one, the retail and restaurant […]
Mendocino Farms to Open at Scottsdale Promenade
California-Based Salad & Sandwich Shop Set to Debut in 2026 SCOTTSDALE, Ariz. – California-based Mendocino Farms has selected Scottsdale Promenade for its newest Arizona location, continuing the popular sandwich and salad shop’s national expansion. Scottsdale Promenade, a prominent lifestyle and shopping destination, is owned by FalconEye Ventures, a real estate investment company, and managed by […]
Future of malls: Arizona’s retail centers evolve as customers’ habits change
Corina Vanek • Arizona Republic • July 20, 2025 The glory days of large indoor malls are over. They once served as a community gathering spot and, in the days before Internet shopping, the rare place where people could browse hundreds of stores to appeal to every taste. They are not coming back. Instead, […]
A QUIET RESTAURANT MAY BE A BOOMING RESTAURANT
The rise of off-premise dining is reshaping restaurant real estate, driving smaller footprints, new site strategies and evolving operational demands. By Charles Skaggs for Western Real Estate Business Across the decades, brokers and operators have assessed a restaurant’s health (in part) by the buzz of its dining room. A busy floor meant a thriving concept. […]
Western Retail Advisors Strengthens Southern California Presence with Promotion of John Leffler
Retail brokerage specialist expands role as Associate Vice President PHOENIX, May 12, 2025 – Retail brokerage specialist Western Retail Advisors has promoted John Leffler to Associate Vice President. The promotion reinforces the Phoenix-based firm’s Southern California presence, where it provides full-service brokerage solutions for the retail and restaurant sectors. Based in the firm’s Irvine, California office, Leffler will […]
AZ Big Podcast: Kalen Rickard of Western Retail Advisors talks hot retail market
The newest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 191 features Kalen Rickard of Western Retail Advisors, who talks about the hot retail market in Metro Phoenix. Listen in here: https://tinyurl.com/AZBigPodcast
Vestar and Western Retail Advisors Selected to Lease, Manage Superstition Gateway in Mesa, AZ
Award-winning companies join forces at high-traffic metro Phoenix retail center (Phoenix, AZ) April 24, 2025 – Superstition Gateway in Mesa, Arizona has a new property team. As of today, Vestar, the leading privately held shopping center owner and manager in the western United States, has been awarded the role of property management, while retail brokerage […]
Western Retail Advisors Promotes Jared Cauffield to Associate Vice President
Longtime team member brings market expertise, hands-on deal execution to expanded role PHOENIX, April 22, 2025 – Phoenix-based retail brokerage specialist Western Retail Advisors has promoted Jared Cauffield to Associate Vice President, expanding his role as a retail leasing specialist focused on sourcing opportunities, developing tailored leasing strategies and negotiating agreements that establish thriving […]
Rise of the power centers
The next wave of major retail development is in full swing in the West Valley Western Retail Advisors Partner Ryan Desmond recently spoke to the Phoenix Business Journal about the booming West Valley retail market, discussing the submarket’s existing retail inventory and the retail projects to come. Read on for an excerpt of that story. […]
Serving Up Growth: The Phoenix Restaurant Market is Booming
By Charles Skaggs, Western Retail Advisors Executive VP & Principal, for TREND Report • April 2025 Metro Phoenix’s restaurant scene is experiencing a seismic shift, with historic low vacancy rates, vigorous competition for prime available space and rents that continue to trend upward in response. At the end of the first quarter, the metro Phoenix […]
$145 million project brings Whole Foods, DICK’S to Gilbert
AZRE Magazine • March 24, 2025 Oak Brook, Illinois-based Kensington Development Partners (Kensington), along with IM Properties, have acquired Phase I of a prime 30-acre infill land parcel in Gilbert, Arizona, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within the popular SanTan Village retail, restaurant and […]
Top Dealmakers in Phoenix Named CoStar Power Brokers
Firms and Individuals Recognized for Achieving Highest Sale and Lease Transaction Volume in 2024 By CoStar Research Meet the top commercial real estate firms and brokers in the Phoenix market who have been recognized as CoStar Power Brokers for their exceptional deal-making. Each year, CoStar identifies a select number of real estate firms and individual […]
Western Retail Advisors Sells the Shops at Kohls in Phoenix for $4.46 Million
Fully leased Ahwatukee-area retail center secures full price with multiple offers PHOENIX, March 5, 2025 – Phoenix-based retail brokerage specialist Western Retail Advisors has completed the $4,468,467 sale of the Shops at Kohls, a fully occupied, 11,395-square-foot multi-tenant retail center in Phoenix’s Ahwatukee community. The Shops at Kohls sits on 1.1 acres at 4645 E. Chandler […]
Renovations, new tenants coming to Broadway Mesa in Mesa, AZ Asian District
Urban Air signs on as first new anchor tenant at evolving East Valley infill retail property MESA, ARIZONA, December 10, 2024 – Long-time Valley commercial real estate owner Mekong Real Estate Investment Group has secured the first of several anticipated new lease commitments at Broadway Mesa, a 183,535-square-foot retail center slated for a major renovation […]
Vestar Welcomes New Wave of Major Tenants at Chandler’s Las Tiendas Village
Arizona Progress & Gazette • Nov. 25, 2024 Marshalls, Happy Beauty, Sit Still Kids & Revelashons Among the Retail Destination’s Latest Additions Vestar, the largest privately held shopping center owner and manager in the western United States, is excited to announce the new wave of tenants at Chandler’s Las Tiendas Village, enhancing the retail, beauty, […]
Northside at SanTan Village brings new mixed-use center to Gilbert
Demand for retail spaces in Greater Phoenix remains high, thanks in part to the region’s consistently growing population. According to Avison Young’s Second Quarter 2024 Retail Market Report, “Phoenix’s retail vacancy rates are remarkably low, both historically and on a national scale. In Q1, direct vacancy hit a record low of 4.9%. While the […]
Vestar Starts Construction on 500,000 SF Verrado Marketplace in Buckeye, Arizona
REBusiness Online • Nov. 22, 2024 Vestar has broken ground on Verrado Marketplace, a retail destination at the northeast corner of Interstate 10 and Verrado Way in Buckeye. The 500,000-square-foot development is situated at the entrance to DMB Associates’ 8,800-acre Verrado master-planned community. The $275 million project is projected to generate more than $50 million […]
Valley’s CRE brokerage execs upbeat for key market segments in 2025
Western Retail Advisors Founding Partner Eric Termansen recently answered some questions for the Phoenix Business Journal as part of it’s annual annual Commercial Real Estate Brokerages list. As PBJ Research Director Dale Brown notes, CRE brokerages, “have been asked to do magic of late, such as putting together solid sales and lease deals when industry […]
NAIOP members detail trends to watch in commercial real estate
AZRE Magazine • September 2024 The commercial real estate market in Greater Phoenix has expanded in recent years, with some sectors outperforming others. With 2024 beginning to wane, AZRE magazine sat down with the following NAIOP Arizona members to learn more about their areas of expertise and what trends to watch in commercial real estate: […]
Nordstrom Rack, Sierra Trading Post and more inked for new West Valley shopping complex
Several new major retailers have committed to SimonCRE’s Prasada North in Surprise, Arizona, where Western Retail Advisors is the exclusive leasing brokerage. These retailers include: Nordstrom Inc., opening a 26,000-square-foot Nordstrom Rack, the first in the far West Valley. Old Navy, opening a nearly 13,000-square-foot store. DSW, opening a 16,500-square-foot store. Sierra Trading Post, opening […]
Prasada shopping complex in Surprise a hit with retailers, more growth expected
Prasada shopping complex in Surprise a hit with retailers, more growth expected Nearly three years after SimonCRE initiated construction of the 700,000-square-foot Prasada in Surprise, Arizona, all retail spaces in the outdoor shopping center have been filled. The second phase, known as Prasada North, encompasses 350,000 square feet, with only 20,000 square feet remaining available […]
Okland Capital and San Tan Development Group Break Ground on Mixed-Use Northside Development in Gilbert, Arizona
Western Retail Advisors selected to lease 37,245 s.f. phase one retail, restaurant hub GILBERT, ARIZONA, July 23, 2024 – Okland Capital and San Tan Development Group today announced they have broken ground on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan […]
Q&A with Phoenix Community Alliance
Western Retail Advisors is a proud new member of Phoenix Community Alliance. We recently shared our thoughts on downtown Phoenix and our PCA membership. To learn more about PCA, visit phoenixcommunityalliance.com. Why did you/your organization become a member? We became a member because we believe in PCA’s mission and values. As a retail-focused brokerage firm, […]
Western Retail Advisors Will Bring Whole Foods to the Heart of Scottsdale
Fifth metro Phoenix Whole Foods to locate at Downtown East Shopping Center SCOTTSDALE, ARIZONA, April 30, 2024 – On behalf of Miller Plaza LLC, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a 35,222-square-foot lease that will bring a new Whole Foods store to Downtown East Shopping Center, located at Indian School and Miller […]
Western Retail Advisors Sells Avenue at Olive Park in Glendale, AZ for $5.5M
Strong retail outlook, Glendale Community College-adjacent location spur deal GLENDALE, ARIZONA, April 24, 2024 – Phoenix-based retail brokerage specialist Western Retail Advisors (WRA) has completed the $5.5 million sale of Avenue at Olive Park, a fully leased retail center located at the northeast corner of Olive and 59th avenues, directly across the street from Glendale […]
Western Retail Advisors Sells High-End 83 Marketplace in Peoria, AZ for $11.1M
Newly built neighborhood center is home to premier restaurant, retail with an available Phase 2 PEORIA, ARIZONA, April 8, 2024 – Phoenix-based retail brokerage specialist Western Retail Advisors has completed the $11.1 million sale of 83 Marketplace. The newly built, Class A retail center was developed by Scottsdale-based Cavan Companies. It spans three buildings at […]
Connect CRE 2024 Top Broker Awards
Commercial real estate leasing and sales brokers scored significant deal successes during 2023, a year of macroeconomic challenges. Connect CRE’s annual Top Broker Awards spotlights the year’s leading dealmakers – 110 brokers or teams from across the U.S. Ten winners were selected from the Phoenix/Southwest region, including Western Real Estate Advisors Partner Neil Board. Congratulations […]
Retail Outlook Through Cutting Edge GIS
– Patrick Sullivan The Phoenix retail market is sizzling hot, with vacancy rates hovering at around 5% and new construction booming. But how do landlords and retailers know exactly where to place their bets in this competitive landscape? Enter the Geographic Information Systems (GIS) analyst—trained to gather and analyze real estate trends and demographic […]
AZ Big 100: 50 commercial real estate leaders to watch in 2024
Erin Thornburn AZRE Magazine While we don’t have a crystal ball to look ahead when it comes to Arizona’s commercial real estate outlook for 2024, several factors historically influence the state’s market — and those companies on the list of the AZ Big 100 for 2024 will be shaping those factors. Arizona’s growing population, a […]
Will Phoenix’s hot retail real estate market continue into 2024?
Brandon Brown, Phoenix Business Journal A common refrain I heard in 2023 from brokers, landlords — really, anyone in the Valley’s retail commercial real estate world — was “I’m lucky to be in Phoenix.” Compared to the rest of the country, Phoenix’s retail real estate market performed extremely well in the past 12 months with […]
2024 Retail Predictions: Western Retail Advisors
Nearing the end of a year fraught with myriad challenges to commercial real estate finance, investing, and development, industry experts offered their recaps of 2023 and predictions for 2024 without mincing words about the struggles and triumphs… Overall Phoenix Retail Market A surge of retailers is vying to plant a flag or expand their presence […]
Target among major tenants announced for Verrado Marketplace in Buckeye
Audrey Jensen, Phoenix Business Journal Target, Safeway and a Harkins BackLot entertainment complex will be the anchor tenants for the planned Verrado Marketplace with their doors opening by the end of 2025, Phoenix-based Vestar and DMB Associates have confirmed. The first-of-its-kind shopping center for Buckeye will total 500,000 square feet with a host of retailers, restaurants […]
West Valley Retail: A Booming Market
by Bryan Ledbetter, Western Retail Advisors With communities like Peoria, Surprise, Buckeye and Goodyear ranking among the fastest-growing cities in Arizona, the West Valley now boasts a population of approximately 1.7 million residents, booming employment opportunities along the Loop 303 and a retail market that has come into its own. Retailers of all types are […]
11 new tenants are coming to Tempe Marketplace
Vestar, one of the leading privately held shopping center owners and managers in the western United States, announced 11 new tenants will join the dynamic roster of retailers at Tempe Marketplace, further elevating the shopping experience for residents and visitors alike. Totaling more than 54,000-square-feet of retail and restaurant space, the addition of these tenants brings the center to nearly 100% […]
Dave’s Hot Chicken Brings the Heat to Phoenix
PHOENIX, Ariz., Nov. 15, 2023 – Dave’s Hot Chicken, a Nashville-style hot chicken restaurant from Southern California, is set to open its second location in Phoenix this week, and has plans to open several more in the coming months. Dave’s Hot Chicken has gone from a scrappy, late-night pop-up to being the fastest growing restaurant […]
WRA FOUNDING PARTNER ERIC TERMANSEN SELECTED AS 2024 PEOPLE TO KNOW
Eric Termansen Founding Partner Western Retail Advisors Termansen’s career in commercial real estate spans more than three decades, the last 22 years of which he has served as the founding partner of Western Retail Advisors (WRA). Under Eric’s direction, WRA has grown to represent more than 175 tenants and over 90 landlords with […]
Western Retail Advisors Adds Vice President, Senior Associate to Phoenix Team
Industry veteran Darrell Deshaw and up-and-comer Rachel Bliss grow retail brokerage PHOENIX, Oct. 31, 2023 – Phoenix-based retail specialist Western Retail Advisors (WRA) has expanded its Phoenix brokerage team, adding industry veteran Darrell Deshaw as Vice President and Rachel Bliss as Senior Associate. Deshaw brings 18 years of commercial real estate experience spanning over $400 million […]
West Valley Retail Demand Brings Phoenix’s Agua Fria Plaza to 100% Leased
Western Retail Advisors completes 13 lease transactions since taking over retail listing PEORIA, ARIZONA, September 27, 2023 – On behalf of institutional owner and investor Westwood Financial, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a string of leases that bring the Agua Fria Plaza retail center in Phoenix’s West Valley to 100% leased. […]
Surprise gets creative to lure IKEA, Swedish meatballs to West Valley
Audrey Jensen, Phoenix Business Journal The city of Surprise is using an international holiday dedicated to meatballs to court one of the city’s top-requested retailers: IKEA. “When we discovered there was a Swedish Meatball Day, we thought, ‘Let’s just have some fun,’” said Surprise’s economic development director, Jeanine Jerkovic. The West Valley municipality, which […]
How downtown Phoenix compares to other cities for Covid-19 pandemic recovery
Brandon Brown, Phoenix Business Journal Activity in the downtown Phoenix area hasn’t fully recovered since before the Covid-19 pandemic but is performing better than most large cities across North America, according to recent data from the University of Toronto. Phoenix ranked No. 21 out of 63 downtowns measured, with a 72% recovery rate in the […]
Starbucks Opens Only Metro Phoenix Double Drive Through in Avondale
Western Retail Advisors completes lease for new Indian School Road location Leading retail brokerage firm Western Retail Advisors (WRA) has completed the lease for a new Starbucks in Avondale, Arizona, featuring the Valley’s first-ever Starbucks double drive through with two order points. The lease relocates Starbucks from an adjacent, undersized store into a larger, 3,070-square-foot […]
Mountainside Fitness set to start work on biggest Arizona fitness center
Angela Gonzales, Phoenix Business Journal Mountainside Fitness plans to open its biggest Arizona fitness center to date. The Scottsdale-based health club just signed a 50,320-square-foot lease to take over a former Albertson’s grocery store at Scottsdale Towne Center, built by Vestar at the southeast corner of the Pima Freeway and Frank Lloyd Wright Boulevard. The […]
Bed Bath & Beyond locations shuttered around Valley could be in high demand
Ron Davis, Phoenix Business Journal The bankruptcy of home goods retailers Bed Bath & Beyond and Buybuy Baby will leave more than 10 big box spaces vacant in the Valley. Retailers, landlords, and commercial brokers could see an opportunity to write the next chapter of those empty buildings Generally, a Bed Bath & Beyond store […]
Target, Harkins Theatres on wish list for huge Buckeye shopping center, documents show
Audrey Jensen, Phoenix Business Journal A rendering shows the design for the planned Verrado Marketplace in Buckeye, which will be developed and operated similar to the developer’s other projects in the Valley, such as Desert Ridge Marketplace. A new Target, Harkins Theatres and more could be some of the first tenants secured for the planned […]
Target, Kohl’s and more confirmed for fast-growing retail center in Surprise
Audrey Jensen, Phoenix Business Journal The new Village at Prasada shopping center will bring new restaurants, stores and entertainment options to the Loop 303 area in Surprise. Target, Kohls, Boot Barn and more are bringing new stores to the fast-growing Prasada shopping centers in Surprise that are being developed by Scottsdale-based national retail developer SimonCRE. […]
New Valley downtown project secures several tenants through new partnership
Audrey Jensen, Phoenix Business Journal SimonCRE has partnered with Carefree Partners to develop the first phase of the Surprise City Center in the West Valley Scottsdale-based SimonCRE has jumped on board with Phoenix-based Carefree Partners to develop a portion of the Surprise City Center in the West Valley. The companies have formed a joint venture to develop […]
PHOENIX RETAIL IS FLYING HIGH
Demand abounds but inventory is tight as construction works to catch up WESTERN REAL ESTATE BUSINESS May 2023 By Ryan Desmond, Partner, Western Retail Advisors Metro Phoenix’s population grew faster than any other major U.S. city between 2010 and 2020. In 2021, the Valley’s 1.48 percent population growth continued to far exceed the […]
Telling the Community’s Story: Attracting Retailers to Rural Locations
ICSC Commerce + Communities Today by Paul Bergeron March 22, 2023 For national retailers that have saturated urban areas or that struggle to find available space to lease, rural areas provide runway to new consumers. “The economics are often better on real estate in rural areas,” said Lisa Christianson, president and owner of Christianson & […]
From Los Arcos to Paradise Valley to Metrocenter, Phoenix- area mall sites are making a comeback
Corina Vanek Arizona Republic May 1, 2023 Metro Phoenix is in the midst of a mall renaissance. Shopping malls were once a main venue for entertainment, attracting shoppers into large department stores, catering to a wide variety of people eating in the food court and boasting other offerings, like skate parks, movie theaters and arcades. […]
Two new restaurants sign on to open at Village at Prasada shopping center in Surprise
Two new sit-down restaurants have been unveiled for the planned 700,000-square- foot shopping, entertainment and dining center in Surprise, Village at Prasada, which is nearly 100% leased. The two new restaurants, Lou Malnati’s Pizzeria and Cold Beers & Cheeseburgers, will be located within the development’s restaurant row, Street Fare at Alexandria. This will be the […]
Village at Prasada in Surprise gets 2 new restaurants
SimonCRE, a national commercial real estate development and acquisition firm, has released that it has signed two more restaurants, Lou Malnati’s and Cold Beers & Cheeseburgers, to be added to the Street Fare at Alexandria. Located in the upcoming retail center Village at Prasada in Surprise, this restaurant hub is centrally located to provide Surprise […]
Multiple commercial projects coming to Peoria
Press release provided by Harkins Theatres / Mark Boisclair Originally published February 2, 2022 Scottsdale-based Harkins Theatres is looking to open another new location in the West Valley. Big projects are on their way to Peoria, the fast-growing suburb just northwest of Phoenix. The city has had several developments in the works over the past […]
Join the Western Retail Advisors Team
WRA is hiring! Our team is collaborative, driven, fun, and forward-thinking and we are looking to add new team members to both offices.
Nike Unite Coming Soon to Desert Ridge Marketplace
Nike Unite will open this fall at Desert Ridge Marketplace in the District near Copper Blues Live and Dave & Buster’s. Nike brings inspiration and innovation to every athlete. Experience sports, training, shopping, and everything else that’s new at Nike in men’s, women’s and kids apparel and footwear. The 13,602 square-foot retailer joins Desert Ridge […]
Etta to Debut this Fall at Scottsdale Quarter
The Team Behind Maple& Ash Set to Open Second Scottsdale Restaurant etta, a neighborhood-style restaurant known for its wood-fired dishes and led by two-time Michelin-starred Chef Danny Grant is coming to Scottsdale Quarter in Fall 2021. Located at Scottsdale Quarter in the former BRIO location, etta will be the second concept in Scottsdale from hospitality […]
Medtail Clients at Western Retail Advisors
Where you once would go to a medical office building to visit your doctor, you can now find your local dentist, physical therapist, or acupuncturist popping up at your neighborhood-anchored retail center. This new concept coined “Medtail” where retail meets medical, is quickly popping up in retail centers across the U.S. Now more than ever, […]
Sephora Coming Soon to Tempe Marketplace
ONE STOP SHOP FOR ALL THINGS BEAUTY Sephora is an innovative destination to discover the latest and greatest from the beauty industry. Since its debut in North America more than 20 years ago, Sephora has been a leader in creating an inviting atmosphere for shoppers – all while fearlessly inspiring their surrounding communities. Shoppers can […]
Costco’s opening in Surprise was long-time coming
When you want something bad enough, sometimes driving to another state to get it is worth it. That was the thinking of Las Vegas-resident Steve Jones, who had been eying a golf cart caddy guided by GPS that follows golfers around the course and carries the clubs. He wanted it so bad, in fact, he […]
Phoenix Accepting Grant Applications to Help Small Businesses!
The City of Phoenix is amplifying its efforts to get the word out about an assistance program it has created through CARES Act funding. The Phoenix City Council established a $6 million fund to help impacted commercial customers with properties in the city limits in paying city services bills, chiefly water and sewer charges. The […]
Ultimate Moviegoing is Back! All Arizona Theatres Added to Reopening
Harkins Theatres Welcome Guests Back to the Magic of the Movies beginning on August 28 Contact: Jessica Reeves – jessicareeves@harkins.com, 480.627.7777 x117 Scottsdale, AZ, August 25, 2020 – Harkins Theatres, Arizona’s homegrown movie theatre company is thrilled to welcome guests back to the Ultimate Moviegoing experience beginning this Friday, August 28 at all Arizona theatres. […]
Demand Action
#SaveYourCinema- The COVID-19 pandemic has put movie theaters across the country at risk of going dark for good. From small independent screens to nationwide exhibitors, our local theaters employ over 150,000 people and have formed a cornerstone of the American experience for generations. Without swift action from Congress our favorite theaters could close forever, depriving […]
WRA Brokers $3.3 Million Sale of Wendy’s in Scottsdale
Scottsdale, Ariz. — SRS Real Estate Partners has arranged the sale of a single-tenant restaurant property located at 15416 N. Pima Road in Scottsdale. A Texas-based private investor sold the asset to an undisclosed buyer for $3.3 million. Built in 1996, the 3,386-square-foot building features a drive-thru. Wendy’s occupies the property on a corporate-guaranteed, triple-net lease […]
Tempe Marketplace adds Three new tenants
AZ BIG MEDIA | 12 Jul | EXPERIENCE AZ Although COVID-19 has had profound effects on many retail properties nationwide, Tempe Marketplace continues to expand. The center will debut three new tenants – Sephora, Fox in a Box Escape Room and NUTRISHOP – as part of its evolving shopping, dining and entertainment mix. Sephora, the […]
Total Wine Comes to River Marketplace in Lafayette, LA
SRSA – Posted on July 31, 2020 Kirsten Early and Stephanie Hilferty of SRSA Commercial Real Estate, with Master Broker Neil Board of Western Retail Advisors, represented the tenant Total Wine in the lease transaction at River Marketplace, 4407 Ambassador Caffery Parkway in Lafayette, LA. Rhonda Sharkawy and Lauren Ryan of Stirling Properties represented the […]
Total Wine & More opens in Lafayette this Week
The Advocate – by Megan Wyatt, Staff Writer August 3, 2020 – 12:57 PM Total Wine & More, the country’s largest independent fine wine retailer, will open its second Louisiana location this week in Lafayette’s River Marketplace at the corner of Ambassador Caffery Parkway and Kaliste Saloom Road. The Lafayette store boasts about 30,000 square […]
THE BLOC in Downtown LA Adds lululemon to the Retail Line Up with Help of Western Retail Advisors
Los Angeles, CA (August 5, 2020) – A new lululemon Pop Up is now open at The Bloc, a vibrant, growing, inclusive community, a LEED™ certified Gold project, and an inflection point in the heart of downtown Los Angeles. Encompassing a full city block along LA’s iconic 7th Street corridor, The Bloc connects the financial, […]
Western Retail Advisors Helps Bob’s Discount Furniture Open Four New-to-Market Stores.
All four stores are set to open across the Valley of the Sun by Labor Day. PHOENIX, AZ (August 3, 2020) – Bob’s Discount Furniture, one of the fastest growing furniture retailers in the country, will celebrate its first four store openings in Arizona this month. The first-to-market Desert Ridge Marketplace store is opening this […]
7 Trends Emerging in Post-COVID Consumer Real Estate
We are witnessing sweeping changes in the consumer real estate sector. Some have come as a result of Covid-19, but this pandemic has only accelerated most. As we learned a dozen years ago, recessions can throw open the door to opportunities for market disruption. After the Great Recession, two unicorn companies were launched: Airbnb and […]
Details on the New Small Business Aid Package and Strategies and Ideas to Continue Through This Pause
National Small Business Town Hall from Inc. & U.S. Chamber of Commerce: Small Business Resources By: Sean Ludwig, CO— Contributor This week, Congress passed a new $484 billion coronavirus aid package that includes $310 billion in additional funding for the Paycheck Protection Program (PPP). The PPP — part of the CARES Act — was designed […]
Western Retail Advisors Supports Clients & Friends
In gratitude for those special moments when you’ve had cause to celebrate, needed comfort food fast, or went out for a perfect family gathering at your favorite eatery – consider lending a helping hand to restaurants when they need it most. Below we’ve collected a list of our clients and friends who need you to […]
Grants Up To $10,000 Available To Some Phoenix Small Businesses
By Corina Vanek – Reporter, Phoenix Business Journal Apr 14, 2020 Phoenix IDA, formerly known as the Phoenix Industrial Development Authority, is offering grants up to $10,000 for Phoenix-based small businesses impacted by the closures due to novel coronavirus. The organization — which has partnered with the Arizona Community Foundation, Arizona Public Service Co. […]
1031 Deadline Extension
On April 9, 2020, the IRS issued Notice 2020-23 Providing Additional Relief for Taxpayers Affected by the COVID-19 Pandemic. Anyone with a 45-Day Exchange Period or 180-Day Exchange Period deadline between April 1 and July 15, 2020 will have an automatic extension to July 15th. Unfortunately, taxpayers with deadlines in February and March […]
Local First Arizona Launches Small Business Relief Fund
In response to the COVID-19 pandemic, Local First Arizona and its community partners are launching a fund to provide mini-grants to Arizona’s smallest, locally owned, independent enterprises. These micro-entrepreneurs — businesses with 0-3 employees and less than $250,000 in annual revenue (approximately $35k-$45k in net profits) — need immediate assistance to sustain the impact from […]
Andrew Lundahl Joins Western Retail Advisors As Director Of Investment Sales
PRESS RELEASE PHOENIX, AZ (April 6, 2020) – Western Retail Advisors, a premier commercial real estate brokerage group with offices in Arizona & California, is bolstering its Investment Sales group with the addition of Andrew Lundahl to the firm. Lundahl will be joining the firm as the Director of Investment Sales where he will […]
A Message From Our Founder
Dear Clients, Partners, and Team members: I want to share my heartfelt thoughts for the people who have lost loved ones and jobs from this horrible pandemic. The pain of the virus is very personal for me. My father succumbed to complications from COVID-19 on Monday morning. Not every son gets to hear […]
JOIN #TheGreatAmericanTakeout For Seconds on 3/31
America’s restaurants need our help! The coronavirus poses a significant threat to the future of an industry that employs more than 15 million Americans. That’s why a coalition of restaurants is asking for help. Tuesday, March 31, we’re asking everyone in America to show their support for the restaurant industry by joining #TheGreatAmericanTakeout […]
Here’s What The $2 Trillion Economic Stimulus Plan Does For Restaurants
Article Originally Posted on Restaurant-Hospitality.com Lisa Jennings | Mar 27, 2020 A massive $2 trillion economic stimulus package designed to offer some relief for the millions of laid off workers and the nation’s small businesses was passed by the House of Representatives on Friday and sent to the President’s desk, where it will likely get […]
US Chamber of Commerce CARES Act – Guide & Checklist
March 31, 2020 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain […]
Update on COVID-19 Impact on Commercial Real Estate Clients
March 31, 2020 – Hartman Simons & Wood Faced with the unprecedented fall out from COVID-19, our real estate owners, landlords, tenants, lenders, borrowers and other clients are making real-time decisions based on the economic, governmental, public health and legal realities of the current situation. The environment is ever-evolving. In some instances, government authorities have […]
Senate Passes Updated Economic Relief Plan (CARES Act) for Individuals and Businesses
March 26, 2020 The U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. An outline of the key provisions of the CARES Act is available here along with a letter from the President of ICSC.
Here’s What Your Restaurant Business Insurance May (Or May Not) Cover During the Coronavirus Pandemic
Article Originally Posted on NRN.com Mar 25, 2020 Joanna Fantozzi | Lawyers weigh in on whether restaurants will be able to cash in on business interruption insurance during the COVID-19 panic. As restaurants have shut down across the United States in response to city and statewide coronavirus-related lockdown mandates, business owners are wondering if this disaster […]
Here’s Where Restaurants and Workers Can Get Relief Funding During Coronavirus
Article originally posted on FSR Magazine.com MARCH 24, 2020 RACHEL PITTMAN While federal stimulus packages are in the works, it could be awhile before governmental bodies agree on an approach, and before restaurants and other businesses see any cash. A ROSTER OF FUNDING PROGRAMS HAVE CROPPED UP TO HELP RESTAURANTS THROUGH THE PANDEMIC. […]
JOIN #TheGreatAmericanTakeout on 3/24
America’s restaurants need our help! The coronavirus poses a significant threat to the future of an industry that employs more than 15 million Americans. That’s why a coalition of restaurants is asking for help. Tuesday 3/24 restaurants across the country are asking for your support by ordering takeout during the #thegreatamericantakeout Order […]
‘Do we still have to pay rent?’ Retailers grapple with closed stores and coronavirus
Article originally posted on CNBC.com March 22, 2020 | Lauren Thomas KEY POINTS 1) Dozens of retailers are temporarily closing their stores, marking what is being described as an unprecedented situation. 2) This raises the question: Will these companies still be expected to pay rent? 3) COVID-19 will lead to a lot of negotiating […]
THEATER OWNERS URGE CONGRESS TO MOVE QUICKLY ON AID; PLEDGE $1 MILLION TO MOVIE THEATER EMPLOYEES
March 20, 2020 (Washington, D.C. and Los Angeles, Calif.- 18 March 2020) The movie theater industry and its employees ask for Congress and the Administration to urgently consider the following immediate relief measures, which we hope will allow the industry and its 150,000 employees, who live and work in practically every Congressional District, to weather […]
Facebook Offering $100 Million in Cash Grants and Ad Credits to Help Small Businesses During the COVID-19 Outbreak
March 20,2020 Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate. HOW THE PROGRAM CAN HELP Examples: – Keep your workforce going strong – Help with your rent costs – Connect with more customers – Cover operational costs […]
Small Business Administration to Offer Disaster Assistance to Small Businesses Amid COVID-19 Impact
March 20,2020 The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Arizona small businesses suffering substantial economic injury as a result of COVID-19. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare […]
Vizzda Proudly Serves Western Retail Advisors
Western Retail Advisors built their company with firsthand retail experience, in-depth market knowledge, established relationships, and a commitment to best-in-industry technology. These essential components are what set them apart from the rest. Since 2001, their full-service commercial real estate brokerage company has helped clients analyze and predict market trends, scout favorable locations and manage multiple, […]
Harkins Sizzle Reel
Harkins Theatres Announces New Luxury Megaplex in Phoenix’s Laveen Village
By Brandon Brown – Reporter, Phoenix Business Journal Apr 10, 2019, 1:32am EDT Hometown movie chain Harkins Theatres is bringing a new multiplex to west Phoenix with shows likely ready for the screen in 2020. Company head Dan Harkins — alongside Phoenix Mayor Kate Gallego and councilmembers Michael Nowakowski and Felicita Mendoza — announced Tuesday at Cesar Chavez High School in south Phoenix the company would open a theater in […]
Meow Wolf to bring hotel, immersive art venue to Roosevelt Row
Meow Wolf to bring hotel, immersive art venue to Roosevelt Row Latest project one of several in the works downtown for Phoenix developer Meow Wolf, an interactive, immersive art experience, is planning to open an exhibition, event space and hotel in the Roosevelt Row Arts District. PROVIDED BY MEOW WOLF By Corina Vanek – Reporter, Phoenix Business Journal […]
America’s Friendliest Big City Now Rocks a Legitimately Cool Downtown
https://www.thrillist.com/travel/nation/is-phoenix-worth-visiting America’s Friendliest Big City Now Rocks a Legitimately Cool Downtown By MATT MELTZERPublished On 02/15/2019 @mmeltrez PHOENIX USED TO BE AMERICA’S CANCUN. You’d fly in and check into a resort, where you’d presumably spend the next three days sipping 1,000-calorie daiquiris poolside, along with a cohort of divorcees on Eat, Pray, Love-esque journeys. Maybe you’d venture into […]
Bluhawk Names Western Retail Advisors for Retail & Restaurant Leasing Ahead of ICSC Conference Participation and Tenant Meetings
Continues Strong Bluhawk Momentum in Recent Weeks OVERLAND PARK, KS; November 19, 2018 – Bluhawk development named Western Retail Advisors as its exclusive leasing company for retail and restaurant space at the exceptional mixed-use development in Overland Park, Kansas. Western Retail Advisors’ leasing responsibilities will include strategic retail and restaurant space for […]
Uniqlo to Open First Downtown LA Location
Uniqlo to open first downtown LA location BY MARIANNE WILSON August 8, 2018 Japanese apparel giant Uniqlo is coming to hip and happening downtown Los Angeles The retailer will open a store this fall at The Bloc, an open-air shopping and entertainment destination in the heart of the city’s downtown area. The 12,000 -sq.-ft., two-level location […]
New Tenant at Desert Ridge Marketplace | Copper Blues + Stand Up Live Opening Fall 2018
This fall, two great concepts come together to bring you the ultimate entertainment experience at Desert Ridge Marketplace. Located in The District, CB Live will boast an elevated cuisine and sophisticated atmosphere featuring live entertainment, from stand-up comedy to national music tours, cabaret performances and much more. CB Live, Nearly 11,000 SF, Will Join […]
The Corners of Brookfield Wins Best New Development
The Corners of Brookfield Wins Best New Development By Melanie Lawder – Reporter, Milwaukee Business Journal On a frigid Saturday afternoon this past March, 4,000 children and adults convened in the market square at The Corners of Brookfield lifestyle center for its first-ever Bunny Bash, braving the cool temperatures to hunt for treats. While a […]
Harkins Theatres Announces Unprecedented $150 Million Circuit-wide Theatre Enhancement Initiative
Upgrades include Ultimate Loungers™, In-Lobby Bars, Reserved Seating, Large Format Screens – CINÉ1™, enhanced technology and upscale décor Press Contacts: Jessica Reeves – jessicareeves@harkins.com, 480.627.7777 x117 Morgan Sales – morgansales@harkins.com, 480.627.7777 x106 Scottsdale, AZ: March 26, 2018 – Harkins Theatres, the largest privately-owned theatre chain in the country, announced today plans to invest over […]
Dave & Busters to open at The Gateway
http://fox13now.com/2018/04/02/dave-busters-to-open-at-the-gateway/ SALT LAKE CITY – The popular Dave & Busters restaurant and arcade will open its doors May 14 in Salt Lake City at the Gateway. Vestar is the Gateway’s parent company. It is investing $100 million in renovations for the mall. Dave & Busters is set to open its doors after it adds 250 […]