May 7, 2024 7:08 pm
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California group buys West Valley center for $40M

Sundance-Towne-Center
Sundance-Towne-Center

Watson Property has acquired the Sundance Towne Center from a real estate subsidiary of Vestar. The 600,000-square-foot property is located in Buckeye.

Watson is affiliated with Chino-based Chung Hsien Management Inc., an investor from Taiwan.

Tenants include PetSmart, Walmart, Lowe’s, Chipotle Mexican Grill, Cracker Barrel and Panda Express.

Vestar also owns and runs Desert Ridge Marketplace, Tempe Marketplace as well as other centers in Arizona, California, Colorado, Nevada and Texas.

Information from Phoenix Business Journal

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.