Vacant retail plaza in Mesa’s Fiesta District to become office hotspot

mesa fiestaBy Weldon B. Johnson, The Republic |

Mesa residents hoping to see signs of life in the struggling Fiesta District could see sprouts of progress early next year.

Phoenix Rising Investments has acquired the Valley East Plaza Shopping Center. The long-vacant plaza at Southern Avenue and Longmore used to house the Bed Bath & Beyond, Petco and Circuit City stores.

Phoenix Rising Investments which works to turn around mismanaged or undervalued properties, plans to convert the vacant stores into more than 100,000 square feet of office space.



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