Sprouts (Nasdaq: SFM) signs on to be grocery anchor at reimagined Papago Plaza in Scottsdale - Phoenix Business Journal

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Construction is set to kick off early next year. scottsdale phoenix $SFM

Sprouts Farmers Market Inc. has signed a long-term lease to occupy the grocery anchor store at Papago Plaza.will slide into a 23,000-square-foot space at the base of a 172-space, two-story parking garage above it at the

The Phoenix-based grocer will join known future tenants such as Wells Fargo & Co., Peak Nutrition and Panda Nails. Mashburn previously told the Business Journal that between leases and letter of intent commitments, the total space is about 80% spoken for. Other prospective tenants were unknown as of Tuesday afternoon.

Papago Plaza has a 276-unit luxury apartment complex from Alliance Residential Co., called SeventyOne15 McDowell, that is now open, according to a news release. A 116-room Marriott Springhill Suites by Utah-based PEG Companies is under construction.

 

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