NEWS

Luxury hotel built around Salt Lake City’s Union Pacific Depot has opening date

The Asher Adams, a new 225-room boutique hotel, is also a renovation of the landmark train station. The new luxury hotel built through and around Salt Lake City’s historic Union Pacific Depot has an opening date — and it’s soon.

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Vestar’s Formula for Success: Creating Community-Centered Hubs at The Orchard Town Center and Bowles Crossing

A new wave of businesses is set to open at both properties in the coming year as Vestar continues to thrive by prioritizing community needs and offering a diverse, dynamic mix of tenants.

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Property Owners Look at Deals on Self-Driving Cabs

Vestar has announced a new partnership with driverless auto company Waymo — part of Google parent Alphabet. Vestar retail property Tempe Marketplace is offering “exclusive ride-share discounts” to all visitors with Arizona State University students getting a particular pith.

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Ancillary Income Is Making Moves: From Phantom Income to NOI

From live concerts to rooftop solar, shopping center owners are tapping into new sources of revenue that can boost net operating income and property values.

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New Tenants Sign Leases Totaling 150,000 Square Feet at Tempe Marketplace in Arizona

Four new tenants have signed leases totaling 150,000 square feet at Tempe Marketplace, a 1.3 million-square-foot retail development located in Tempe.

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Retail remains red-hot in the post-pandemic recovery

Verrado Marketplace in Buckeye is a $275 million, 500,000-square-foot project that will be anchored by Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods.

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