Whitestone acquires Fulton Ranch properties

By Kristian Seemeyer | GlobeSt.com

Whitestone REIT announces the acquisitions of Fulton Ranch Towne Center for $29.3 million and The Promenade at Fulton Ranch for $18.6 million. Fulton Ranch Towne Center and The Promenade at Fulton Ranch are located within Fulton Ranch, a 520-acre, high-end, lake-based lifestyle village in Chandler.

Average household incomes of $106,079 within Fulton Ranch rank significantly higher than the broader Phoenix MSA of $71,229. Both properties serve as local destinations for the surrounding 12,000 homes, Price Road Corridor and 90-acre Snedigar Recreation Center and Sportsplex. Hamilton High School, Arizona’s largest high school, with 3,600 students is located across the street from Fulton Ranch Towne Center.

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November 15, 2014

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