Vestar Selected as Property Manager for the Retail Component of Arizona’s Largest Urban Commercial Development

The Novus Innovation Corridor is a 12 million-square-feet mixed-use development located in the heart of Tempe Vestar — one of the leading privately held shopping center owners and managers in the western United States- announced today, that they have been selected as the primary property manager for the hospitality district within Novus Innovation Corridor, ‘Novus’. The groundbreaking 355-acre project is … Read More

Vestar Announces Vineyard Towne Center Grand Opening in Queen Creek, Arizona

Healthy grocer Sprouts Farmers Market first to open in the 260,000-Square-Foot Center Vestar, one of the leading privately held shopping center owners and managers in the western United States announced today the official grand opening of Phase 1 of Vineyard Towne Center. The 23-acre retail center will offer a mix of shops, services, and restaurants, over two phases of development. Specialty grocer, Sprouts Farmers Market, will … Read More

Cheers! Spirits To Be Lifted Across Arizona As Top Outdoor Shopping Center Owner Successfully Expands State Law Allowing Shoppers To Sip & Stroll With Cocktails

Vestar Led Pilot Project Several Years in the Making Now Permanent After Governor Ducey Signs Latest Legislation What started out as an idea at Vestar, the owners of Desert Ridge Marketplace in Phoenix, Tempe Marketplace in Tempe and numerous other lifestyle centers throughout Arizona and the West, turned into temporary state legislation several years ago.  Now it’s a permanent reality. … Read More

DMB and Vestar Partner to Create Upscale Retails Town Center at Verrado

DMB Associates, the Master Developer of the Verrado master planned community, announced that it is partnering with Vestar, the largest privately-held shopping center owner, developer, and manager in the western United States, to create a dynamic retail center at the front door of Verrado, an 8,800-acre master-planned community in Buckeye, Arizona. The DMB/Vestar team is planning for a retail development … Read More