Vestar Adds 350,000 Square Feet to Management Portfolio in Arizona
Vestar, one of the leading privately held real estate companies in the western United States, has been retained by a family owned company as the property management firm for Superstition Springs Center, a 186,766-square-foot community retail center located in Mesa, Ariz. and Ancala Village, a 173,185-square-foot community retail center located in Scottsdale, Ariz. Vestar now manages more than 26 million square feet.
Vestar’s team brings a wealth of experience, leadership, and resources to Superstition Springs Center and Ancala Village. Geared toward management of quality assets, Vestar operates over 26 million square feet of premium retail space throughout the west coast. Over the past 12 months Vestar has added nearly three million square feet to their prominent management portfolio of quality assets.
“Investors understand the importance of retaining an experienced and established property management firm to secure their investment and maximize return strategies” said Patrick McGinley, SCSM, President of Management Services. “We are excited to deliver superior results to our client and the communities of Mesa and Scottsdale.”
McGinley went on to say “Our goal is to create a sense of community by incorporating the perfect mix of tenants and events.”
Superstition Springs Center is located at Baseline and Power Roads, just south of the US-60. The center is anchored by Savers, 99 Cent Only, Goodwill and Pima Medical Institute
Ancala Village is located at Via Linda and Frank Lloyd Wright Boulevard, east of the AZ-101. Major tenants include Safeway, Ace Hardware and Dollar Tree.