(Editor’s note: News releases are published unedited, unless they contain factual errors.)
(Disclosure: Rose Law Group represents Loco Patrõn)
Longtime Valley restaurant operator, Loco Patrõn, has leased the former Salty Senorita building on Northsight Boulevard for a new Loco Patrõn Mexican Brewery. The area is bustling with new restaurants, retailers and multifamily development. A luxury 297-unit apartment building is being constructed directly behind the Loco North building, along with the popular breakfast and weekend brunch restaurant, Butters, which recently opened its doors across the way. Existing national tenants in the immediate area include Costco, Walmart Supercenter, Sam’s Club, Home Depot, and more.
Owners Ryan Vertuca, Josh Levine and Jeremy Jazwinski are looking forward to the new expansion. “We are very excited to bring a Mexican Brewery to North Scottsdale Airpark. We have been looking for the right location for the past three years to deliver our newest concept, and believe we have found a great building and neighborhood,” Vertuca said. “Renovations are underway. First on the list is to almost double the size of the current patio. The new patio will have a “backyard feel” to it,” continued Vertuca.
Judi Butterworth, Senior Vice President of ORION Investment Real Estate, facilitated the lease. Butterworth noted, “Loco Patrõn has an excellent reputation for great food and fun. They are joining a stellar list of popular nearby restaurants, like O.S.H.O and Four Peaks Brewery.”
The new location is anticipated to open in January of 2017.
About ORION Investment Real Estate
ORION Investment Real Estate (“ORION”) is a leading full-service brokerage firm based in the Western United States. With several years of continued growth and success, and more than a billion dollars in recent transactions, the ORION team provides best-in-class service to the commercial real estate community. Boasting an extensive knowledge of the market and properties, ORION uses a tailored marketing and structured approach to each client to unlock the potential of every deal. ORION is headquartered in Scottsdale, Arizona. For more information on ORION, please visit our website at www.ORIONprop.com
Loco Patrõn Mexican Brewery
14950 North Northsight Boulevard
Scottsdale, Arizona 85260