By InBusiness Phoenix
Oak Brook, Illinois-based Kensington Development Partners, along with IM Properties, have acquired Phase I of a prime 30-acre infill land parcel in Gilbert, Arizona, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within the popular SanTan Village retail, restaurant and entertainment corridor. Early anchor tenant commitments already have been secured by Whole Foods Market and a DICK’S Sporting Goods House of Sport.
When all 30-acres are developed, Signature at SanTan Village will host approximately 300,000 square feet of retail, grocery, restaurant and entertainment on the northwest quadrant of Santan Village Parkway and Williams Field Road, directly west of the SanTan Village regional mall.