NEWS

Kanye West Holds Sunday Service at Vestar’s Gateway Center

Sometimes the best traffic-building event is one you can’t plan for. That’s what happened last week to Vestar when Kanye West decided to hold one of his surprise Sunday Services at the retail developer’s Gateway mixed-use center in Salt Lake City.

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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.

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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.

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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.

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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.

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Vestar Promotes Jim Brennan to Vice President of Operations

Vestar, one of the largest privately held retail real estate companies in the western United States, has promoted Jim Brennan to the position of Vice President of Operations. Previously he served as Regional Director of Property Management.

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Orchard Town Center in Westminster, Colorado Welcomes Seven New Tenants

Orchard Town Center, a 914,000-square-foot open-air regional retail center located in Westminster, Colorado, announced today that seven new retailers have signed leases at the project and will be opening at various times over the next several months.  Vestar, who acquired the center in 2014 in a joint venture with UBS, oversees property management, leasing and marketing at Orchard Town Center. The new retailers include:

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