Wednesday, November 6, 2024
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vestar

managementNewspeopleproperty managementretailers

Vestar Names Industry Veteran to Regional Director Position

by Katie Lee

Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western U.S., has tapped industry veteran Charles Martinez to be its new regional director overseeing its Northern California properties. Over the past 15 years, Martinez has worked for a variety of retail development and redevelopment projects in Los Angeles, San Francisco and East Bay, Calif., as well as in Abu Dhabi in the United Arab Emirates. In his new role, Martinez will be responsible for managing a portfolio of 11 shopping centers from Petaluma …

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construction and designNewsrestaurantsretailers

Vestar, DMB Development to Build Verrado Marketplace in Arizona

by Katie Lee

Buckeye, Ariz. — Vestar, in partnership with DMB Development, has unveiled plans for Verrado Marketplace, a commercial space near Verrado, an 8,800-acre master-planned community in Buckeye. Totaling more than 500,000 square feet of space, Verrado Marketplace will feature a grocery store, apparel and home décor stores, a department store, movie theater, specialty shops, restaurants and services. Additionally, the project will feature public outdoor spaces. Verrado Marketplace will be designed to complement the small-town neighborhood charm of the Verrado community. The marketplace will be located at the northeast corner of Verrado …

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lightingNewsvendors

WLS Lighting Completes “Iconic Ring” at Mixed-Use Property in Texas

by Katie Lee

Fort Worth, Texas — The recently completed “Iconic Ring” was part of a $4 million placemaking development in the mixed-use corridor of West 7th in Fort Worth, Texas. When BuyLEDs, a division of WLS Lighting, was brought in by Vestar’s property manager to be the LED lighting design partner, construction of the ring had just been completed and they were brainstorming the best way to illuminate the structure.

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