November 17, 2024 6:25 am
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At Home opening 108,000 SF store in Gilbert, Arizona

At Home – Phoenix Store (courtesy photo Velocity/Real Estate Daily News)

Real Estate Daily News

Phoenix, Arizona —  Velocity Retail Group’s Darren Pitts represented At Home in the purchase of 8.54 acres in the San Tan Pavilions shopping center located at the southwest corner of Williams Field Road and San Tan Village Parkway in Gilbert, Arizona.  The seller of the property was San Tan AZ, LLC an entity controlled by Intercapital Development, Inc. based in Las Vegas, Nevada.  The purchase price of the property was $4,112,761 ($11 PSF).  The 108,000+/- square foot At Home store is projected to open in the 1st quarter of 2018.

The store is part of an approximate 33 acre development that is planned to have an additional 170,000 square feet of retail space including big box anchors, shops, pads and restaurants.  The project is located in the San Tan Regional Mall trade area a major retail hub for the growing southeast Valley.

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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.