Vestar to manage Superstition Gateway

Superstition Gateway photo provided by Vestar.

(Disclosure: Rose Law Group represents Vestar.)

By AZ Business Magazine

Superstition Gateway in Mesa, Arizona has a new property team. Announced today, Vestar, the leading privately held shopping center owner and manager in the western United States, has been awarded the role of property management, while retail brokerage specialist Western Retail Advisors will oversee leasing. The Phoenix-based companies will work collaboratively to maximize occupancy and operations at the Mesa center, which is currently 97% leased and attracts an average of 700,000 visitors per month.

Superstition Gateway is conveniently located at the highly trafficked corner of US Highway 60 and Signal Butte Road, in one of Arizona’s most popular cities. Spanning nearly 500,000 square feet, the property features a robust tenant mix, including anchor tenants Walmart, AMC Theatres, LA Fitness, Kohl’s, Marshalls, PetSmart, Michaels, Five Below, ULTA, and more than 50 additional retailers.

“We are thrilled to have been selected as the property management firm for Superstition Gateway and to expand our management footprint in our home state of Arizona,” said Patrick McGinley, President of Management Services at Vestar. “Mesa is one of the fastest-growing communities in the region, and we look forward to applying our management expertise to enhance the center’s overall value.”

Alvarez & Marsal Capital Real Estate acquired the asset in April 2025. The Western Retail Advisors team- Bryan Ledbetter, Neil Board, and Katie Weeks- will serve as the project’s exclusive leasing brokers.

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