NEWS
What Retail Apocalypse? Shopping Centers Are Making a Comeback.
Vacancy is the lowest it has been in two decades, at 5.4 percent, according to a recent report. The properties are thriving even as retailers like Macy’s and Express shutter many stores.
READ MOREFirst look: Buckeye’s Verrado Marketplace with Target, Safeway, Harkins gets final approvals
Phoenix-based Vestar received final site approval for Verrado Marketplace, a major shopping center that’s planned for the fast-growing Buckeye suburb.
READ MOREOpen-Air Centers Have Changed: Take a Look at What’s Coming out of the Ground Now
Today’s ground-up open-air projects differ from those of earlier eras. The changes — including ramping up outparcel tenants, focusing less on big-box anchors and adding spacious lawns, plazas and patios — offer a glimpse into the future of lifestyle, power and even some grocery-anchored centers.
READ MORENew luxury hotel rises alongside SLC’s Union Pacific Depot. Get an early peek inside.
The Union Pacific Depot in Salt Lake City is temporarily used for storage as the new Asher Adams Hotel begins to incorporate the historic space on Sunday, Sept. 17, 2023. The station’s main hall will serve as part of the hotel’s grand entrance, reception and lobby areas.
READ MORENordstrom Rack to Open 28,025-Square-Foot Store at Queen Creek Marketplace in Metro Phoenix
Nordstrom Rack will open a 28,025-square-foot store at Queen Creek Marketplace, a retail center located in Queen Creek, approximately 40 miles southeast of Phoenix.
READ MOREVestar to Break Ground on Phase 2 of Vineyard Towne Center in Metro Phoenix
Vestar has announced plans to break ground this month on Phase 2 of construction at Vineyard Towne Center in Queen Creek, roughly 40 miles outside Phoenix.
READ MORE