The Shops at Gainey Village

Scottsdale, Arizona, at the Southwest Corner of Scottsdale Road and Doubletree Ranch Road

Summary

A full turnaround. John led the redevelopment of this well-located property in Central Scottsdale, consulting on a complete renovation and replacing 70% of the space with new tenants. A newly designed Sprouts Farmers Market was added as the anchor, and the center was leased to 100%, adding substantial value.

Type: Specialty grocery-anchored center, anchored by Sprouts Farmers Market

The Shops at Gainey Village

Project Details

  • Redevelopment began in 2014
  • 150,000 square feet of retail and restaurants
  • Leased from 40% vacant to 100%
  • 21 of 38 tenants replaced; 80,000+ square feet leased
  • Sold for $69.7 million in December 2019

Significant Transactions

Sprouts Farmers Market, POMO Cucina and Pizzeria, Hash Kitchen, Panera Bread, ROLFS Salon

References available upon request.

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