Wednesday, November 25, 2020 4:39 am

$450M Scottsdale redevelopment was decades in the making

By Corina Vanek | Phoenix Business Journal

Brothers Shawn and Steven Yari first got involved in investing in property on the southeast corner of Scottsdale and Camelback roads in the late 1990s.

“We realized it was an underutilized quadrant in a special corner,” Shawn Yari, managing principal of Los Angeles-based Stockdale Capital Partners, said.

Yari said they had the opportunity to buy two properties in the area, then sold them, and in the early 2000s bought them again. In 1996 they bought the shopping center on the northeast corner of the intersection along the canal and redeveloped it.

Read the full subscription story from the Phoenix Business Journal.

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