Vestar closes out 35th year with remarkable growth

Verrado Marketplace in Buckeye is a $275 million, 500,000-square-foot project that will be anchored by Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods. (Rendering provided by Vestar)

(Disclosure: Rose Law Group represents Vestar.)

By AZRE

Vestar, a leading privately held shopping center owner and operator in the United States, achieved significant growth in 2024, with more than two million square feet of retail space under development and the addition of several new management assignments. As the company closed out its 35th year of operations, it remains focused on creating unique and timeless retail destinations.

David Larcher, Vestar’s President and CEO, reflected on the company’s evolution over the past three and a half decades: “Innovation is in our DNA, and I am incredibly proud of the growth we achieved in 2024. We had strong leasing and development momentum throughout the year, continually pushing boundaries and shaping the future of retail. Our focus on creating dynamic properties where people come to shop, dine, and engage with the community remains at the heart of what we do at Vestar.”

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