Phoenix-area retail center sells for $28.975M

By Kimberly Steele | JLL News Release JLL Capital Markets completed the sale of Chandler Pavilions regional retail center in Chandler. JLL marketed the property on behalf of the seller, Evergreen Devco, Inc., which acquired the center in 2020 in a JLL-brokered sale. Schnitzer Properties acquired the asset. Chandler Pavilions is fully leased to a [...]

By |2022-12-13T21:25:32-07:00July 19th, 2022|Arizona, News|Comments Off on Phoenix-area retail center sells for $28.975M

Evergreen Devco’s Chandler Pavilions shows resilience, 100% leased

AZBIGMEDIA.com Evergreen Devco, Inc., a leading retail, multifamily and industrial development company,announced that its Chandler Pavilions, a 163,594 square-foot high-traffic shopping center in Chandler,Arizona is 100% leased with multiple new tenant openings and one anchor tenant expansion. Sportsman’s Warehouse, Lean Feast and Mountain Mike’s Pizza join a complementary mix of national and regional tenants at [...]

By |2022-12-13T21:29:13-07:00April 12th, 2022|Arizona, News|Comments Off on Evergreen Devco’s Chandler Pavilions shows resilience, 100% leased

Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson

REAL ESTATE | AZRE Evergreen Devco, Inc., a leading retail and multifamily development company announced today that it has broken ground for the development of a 258-unit, multi-family community located at 89th Ave. and McDowell Rd. in Tolleson. The 9.48-acre project, located at 8827 W. McDowell Rd., will add a residential component to the larger Plaza [...]

By |2022-12-13T21:26:07-07:00October 21st, 2021|Arizona, News|Comments Off on Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson

IPA Arranges Sale of Parc Roundtree Ranch Apartments in Metro Phoenix for $88.8M

by Julia Sanders | rebusinessonline.com PEORIA, ARIZ. — Institutional Property Advisors has arranged the sale of Parc Roundtree Ranch, a 275-unit apartment property in Peoria, approximately 13 miles north of Phoenix. The property sold for $88.8 million, or $322,909 per unit. Gebing and Cliff David of IPA represented the seller, Evergreen Devco Inc., and procured the [...]

By |2022-12-13T21:23:27-07:00July 23rd, 2021|Arizona, News|Comments Off on IPA Arranges Sale of Parc Roundtree Ranch Apartments in Metro Phoenix for $88.8M

Prominent retail developments progress despite pandemic

GILBERT, AZ - Gilbert officials anticipate the town reaching build-out in about 2030, and the coronavirus pandemic is not slowing that timetable. Multiple developments, involving hundreds of thousands of square feet of retail and restaurants, are going vertical or nearing completion throughout town, including Epicenter, … Continue reading

By |2021-08-24T14:37:53-07:00September 27th, 2020|Arizona, News|Comments Off on Prominent retail developments progress despite pandemic
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