Vestar is a nationally recognized leader in the acquisition, management and development of retail real estate. Our current portfolio of retail properties totals 29 million square feet throughout the western United States.
Vestar, one of the leading privately held shopping center owners in the western United States, announced today that it has purchased Best in the West, a 465,000 square-foot retail center in Las Vegas, Nevada. The property was acquired from Weingarten Realty Investors. In addition to Best in the West, Vestar owns and operates multiple properties in the Las Vegas area including The District at Green Valley Ranch, a 385,000 square-foot, Whole Foods-anchored lifestyle center in Henderson, and Crossroads Towne Center a 149,000 square-foot center in Las Vegas.Read More +
$22 Million Redevelopment Puts Phoenix’s 15-Year-Old Desert Ridge Marketplace Back in the Heart of its Community
One could say that Desert Ridge Marketplace has grown up with its customers. The 1.2 million-square-foot lifestyle and power center, located in the 5,700-acre Desert Ridge master-planned community of the Phoenix Northeast Valley, officially reopened this past November, after a $22 million renovation.Read More +
Vestar, a real estate company specializing in the acquisition of entertainment-retail centers, is the new manager of The Landing. The property is a 607,000-square-foot shopping mall located in Renton, Wash., and represents the second asset managed by Vestar in the Pacific Northwest. The company also owns and manages James Center, a 140,240-square-foot retail center in Tacoma, Wash.Read More +