By Real Estate Daily News
MESA, ARIZONA, (December 16, 2024) – Long-time Valley commercial real estate owner Mekong Real Estate Investment Group has secured the first of several anticipated new lease commitments at Broadway Mesa, a 183,535-square-foot retail center slated for a major renovation in the heart of Mesa, Arizona’s popular Asian District.
Located at 1920 W. Broadway Rd., at the northeast corner of Dobson and Broadway roads, the center includes a main 100,000-square-foot big box retail building and 83,535 square feet of surrounding in-line retail space.
Exclusive leasing broker Western Retail Advisors has secured Broadway Mesa’s first new anchor tenant commitment with Urban Air, who will lease 44,191 square feet within the center’s main big box building.
Several tenants who lease space at Broadway Mesa’s main building – previously known as the AZ International Marketplace – will relocate to the property’s in-line retail buildings. This includes Hong Kong Gifts, who will occupy 20,000 square feet of in-line building space, and Dealer Nail Supply, who will occupy 8,400 square feet. An additional 1,960 square feet of in-line retail space is available for lease.
Lease negotiations are underway for the main building’s remaining 50,000 square feet, with a tenant announcement expected during first quarter 2025 that would bring the property to 100% leased.
