Rachel Bliss |
PEORIA, AZ – On behalf of Miller Plaza LLC, Phoenix-based retail brokerage specialist Western Retail Advisors has completed a 35,222-square-foot lease that will bring a new Whole Foods store to Downtown East Shopping Center, located at Indian School and Miller roads in the heart of Scottsdale.
The store will become the fifth
metro Phoenix location for Whole Foods, a leading natural and organic foods
retailer.
Downtown East is located at 7628 E. Indian School Rd.,
minutes from historic Old Town Scottsdale and the upscale Scottsdale Fashion
Square. The 93,000-square-foot center is presently 75% leased.
Western Retail Advisors is currently
working with several national tenants to take 16,000 square feet adjacent to
Whole Foods, with those lease announcements expected soon.
Eric Termansen |
“Tenants have recognized this and, as a result, are actively competing for opportunities to locate here. We are thrilled to welcome Whole Foods and expect to have more announcements like this over the next few months.”
Neil Board |
Western Retail Advisors Founding Partner Eric Termansen and Partner Neil Board represented Whole Foods in the lease negotiations. Ryan Desmond and Rachel Bliss of Western Retail Advisors are the center’s new listing brokers and will actively pursue shop tenants and creative office users for the remaining 8,900 square feet of vacant space.
Ryan Desmond |
Rendering of new Whole Foods store, Scottsdale, AZ |
"The Whole Foods at Downtown East will serve this growing demographic and give shoppers from Scottsdale, Paradise Valley, Arcadia and other nearby communities a more convenient way to access the Whole Foods brand.”
Austin-based Whole Foods operates more than 530 stores across the U.S., Canada and the U.K. This includes ten stores in Arizona – four of which are located in metro Phoenix (Tempe, Chandler, the Camelback Corridor and Paradise Valley).
For more information on Downtown East leasing, please contact Desmond and Bliss at (602) 778-3747.
CONTACT
Stacey Hershauer
480.600.0195
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