Vestar marketplace set to help make West Valley intersection a major growth hub

Rendering via Vestar

(Disclosure: Rose Law Group represents Vestar.)

By Audrey Jensen | Phoenix Business Journal

In the past two years, the Valley employees of real estate firm Vestar have been dedicated to planning and leasing Verrado Marketplace, a $125 million power retail center that’s slated for 500,000 square feet of new commercial space west of Phoenix.

Developing and securing tenants for the nearly 50-acre project is a big undertaking — the center will be the largest the company has built in the Valley since 2008 and includes major anchors Target, Safeway and a Harkins BackLot entertainment complex.

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