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5/01/24
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Whole Foods has inked a lease for a new, 35.2k sf store at Downtown East Shopping Center in Scottsdale, AZ. The property is located at Indian School and Miller roads in the heart of the city. 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 93k sf center is presently 75% leased.
Whole Foods will replace an existing Fry’s Food Store, which has leased 50k sf at the center for the past 48 years. This creates space for a second national tenant at Downtown East, further activating and modernizing the shopping center. An exterior renovation of this free-standing building will commence during the second half of 2024.
Eric Termansen and Neil Board with Western Retail Advisors 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 8.9k sf of vacant space on behalf of the landlord, Miller Plaza LLC.
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