No tenants have been named for Prasada North, but SimonCRE said the new center is about 95% committed through letters of intents and leases. Marketing materials show potential tenants could include a number of national retailers, drive-thru eateries and other restaurants and shops. SimonCRE said most of the Prasada North, or about 90% of the project, will comprise retailers.
Prasada North will comprise about 280,000 square feet of anchor space, 21,000 square feet of pad space and about 22,000 square feet of shop space, according to marketing materials from Western Retail Advisors, the leasing brokerage for both Prasada developments. RKAA Architects Inc. is the architect for both Prasada centers, while a general contractor has not been selected.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SimonCRE plans shopping center next to Village at Prasada, American Furniture Warehouse in Phoenix metro - Phoenix Business JournalBetween its two new retail projects, SimonCRE's Prasada development will total more than 1 million square feet of new commercial space in the Phoenix metro.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Entertainment district plans move forward for Phoenix - Phoenix Business JournalAs Phoenix continues growing, the city is looking at ways to expand its convention center offerings and the creation of an entertainment district to support it.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Snell & Wilmer moves into CityScape in downtown Phoenix - Phoenix Business JournalThe largest Arizona law firm moved into new office space in downtown Phoenix. Click through to see images of the new space.
Source: phxbizjournal - 🏆 254. / 63 Read more »
How Phoenix architects are design office space post-pandemic - Phoenix Business JournalThe Business Journal spoke to several leading architects and developers in the Valley to discuss how they determine a company's office needs in 2022 and the biggest trends they are seeing right now.
Source: phxbizjournal - 🏆 254. / 63 Read more »