Developer revives long-dormant East Valley retail project

By Jorge Ramos | Phoenix Business Journal

After a delay of more than 10 years, a Scottsdale developer has secured a Southeast Valley retail center with plans to fill out the rest of its commercial space.

Pennant Development LLC along with Realm LP acquired the remaining parcels of Skyline Ranch Marketplace in SanTan Valley for $10 million from WinCo Foods on April 15, The Scottsdale-based development and Phoenix-based brokerage firm SRB confirmed the acquisition to the Business Journal.

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