Vestar Reports Strong Results for 2023

PHOENIX, Feb. 15, 2024 /PRNewswire/ — Vestar, one of the leading privately held shopping center owners and operators in the Western United States, experienced a landmark year in 2023. The Phoenix-based company demonstrated remarkable growth and innovation as it expanded its presence across the west.

David Larcher, Vestar’s President and CEO expressed enthusiasm for the company’s growth trajectory and milestones stating, “We are very proud of what our team accomplished in 2023. It underscores our ability to adapt to dynamic market conditions and meet the evolving needs of retailers and consumers alike. Our robust development activity reflects the fact that the demand for open-air retail exists, particularly in areas of heavy population growth.”

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Source: MarketWatch