Tuesday, May 10, 2022

Vestar to develop upscale retail center at Verrado in Buckeye, AZ

 

 Susan Bansak

 PHOENIX, AZ, May 10, 2022 – Vestar, the largest privately held shopping center owner, developer and manager in the western United States, announced that it is partnering with DMB Development, the master developer of Verrado, an 8,800 acre master-planned community, to create a dynamic retail center at the front door of the Verrado community in Buckeye, Arizona.

The Vestar team is planning for a retail development called Verrado Marketplace, that will include over 500,000 square feet of commercial space.

 “We believe Vestar is the perfect partner to develop a primary town center of Verrado,” said Susan Bansak, Chief Executive Officer of DMB.

 Both companies are driven to create thoughtful and inspiring places, and we look forward to a successful collaboration.”

David Larcher
The Marketplace will be developed at the northeast corner of Verrado Way and I-10.

 “Verrado is a truly special place,” said David Larcher, President & CEO of Vestar.

 “For over 30 years, we have developed successful retail environments that become important gathering spots and economic hubs for their community, and Verrado Marketplace will be no different.

 "We are excited to be partnering with a visionary company like DMB and especially to be developing at the front door of the Verrado community.”

Planned Verrado Marketplace, at the front door of the Verrado community in Buckeye, AZ, will include over 500,000 square feet of commercial space.

 CONTACT: 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

Vestar.com.

 verrado.com or dmbinc.com 

 

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