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RETAIL NEWS
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Fry’s Food & Drug-Anchored Retail Center in Arizona Trades Hands

6/25/19

Laveen Village Marketplace, a 39.8k sf retail center in Laveen, AZ, was acquired by an unnamed investor. The Fry’s Food & Drug-anchored center was sold by Houston-based Weingarten Realty Investors.

Laveen Village Marketplace is located at the northeast corner of 51st Ave and Baseline Ave. Anchored by a Fry’s Food & Drug, the leading grocer in the Phoenix market, the center is currently 100% leased to Chipotle, Wing Stop, Jersey Mikes Subs, Med Post Urgent Care, Starbucks, and includes a McDonald’s and Wells Fargo on outparcels.

Ryan Schubert and Michael Hackett of Cushman & Wakefield represented Weingarten in the deal.




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