Acquisitions NEWS

Vestar Acquires University Plaza

FLAGSTAFF, ARIZ., – Vestar, one of the leading privately held shopping center owners in the western United States, announced today that it has purchased University Plaza, a 165,615-square-foot shopping center located in the heart of Flagstaff, Arizona.

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Vestar Reaches Portfolio Benchmark with Bay Area Acquisition of East Washington Place for $55 Million

Vestar, one of the largest privately held shopping center owners in the western United States, just got bigger. With its purchase of East Washington Place, a more than 340,000-square-foot shopping center in Petaluma, California, Vestar’s portfolio has crossed the 30 million-square-foot threshold.

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Vestar Acquires Best in the West Retail Center in Las Vegas, Nevada

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.

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Vestar Secures $8.67M Financing for Twin Creeks Marketplace in Dallas Suburb

Vestar, one of the leading privately held real estate companies in the western United States, announced today that it has secured a 15 year permanent loan with the Lincoln National Life Insurance Company in the principal amount of $8,673,000 for the recently acquired Twin Creeks Marketplace.  The 43,134-square foot grocery-anchored neighborhood center is located at 1265 W. Exchange Parkway in the Dallas, Texas suburb of Allen.

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Vestar Acquires Twin Creeks Marketplace in Dallas Suburb

Vestar, one of the leading privately held real estate companies in the western United States, announced today that it has acquired Twin Creeks Marketplace, a 43,134-square foot grocery-anchored neighborhood center located at 1265 W. Exchange Parkway in the Dallas, Texas suburb of Allen.

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Vestar Acquires Lakeview Village at Morrison Ranch in Gilbert, Arizona for $17.96 Million

Vestar, one of the leading privately held real estate companies in the western United States, announced today that it has acquired Lakeview Village at Morrison Ranch, a 93,741-square foot grocery-anchored neighborhood center in the Phoenix, Arizona suburb of Gilbert for $17.96 million.

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