Vestar and Oaktree Acquire The Gateway Retail and Entertainment Center in Salt Lake City

Vestar, in a joint venture with funds managed by Oaktree Capital Management, L.P. (“Oaktree”), announced today that it has acquired a 623,205 square foot open-air retail and entertainment center within The Gateway in the heart of downtown Salt Lake City.


Riverside Plaza Presented Beautification Award From The Greater Riverside Chamber of Commerce

Riverside Plaza received a Beautification Award at the State of the City Address on Thursday, January 28 at 4:30 p.m. at the Riverside Convention Center. The award recipients were chosen by Keep Riverside Clean & Beautiful and the Greater Riverside Chamber of Commerce.  Awards were presented to buildings and facilities within the City of Riverside that capture outstanding landscape, cleanliness and curb appeal.


Vestar Selected to Manage The Groves in Tempe, Arizona

Vestar, one of the leading privately held real estate companies in the Western United States, has been retained by a large institutional owner as its property services firm for The Groves, a 431,328 square-foot community entertainment shopping center located in Tempe, Arizona.


Bradley Parks Joins Vestar as Director of Due Diligence

Vestar, a leading privately held real estate company in the western United States that acquires and manages retail and entertainment destinations that serve as community focal points, is proud to announce a new addition to its team.


Vestar Promotes Jenny Cushing to Vice President of Leasing

Vestar, one of the largest privately held retail real estate companies in the western United States, has promoted Jenny Cushing to the position of Vice President of Leasing. Previously she served as Assistant Vice President of Leasing.


Vestar and AEW Form Joint Venture to Acquire Tempe Marketplace

Vestar, one of the largest privately held retail real estate companies in the western United States, and AEW Capital Management (AEW) have partnered to acquire Tempe Marketplace for $367 million.  Vestar previously owned the 1.3 million-square-foot, open-air retail center with Rockwood Capital, LLC (“Rockwood”) which is exiting its investment after a five year hold.  AEW acquired the property on behalf of the AEW Core Property Trust.