Arrowhead Towne Center

Macerich Reports Record Leasing Volumes

Retrieved on: 
Monday, August 21, 2023
Lululemon Athletica, Scottsdale Fashion Square, Food, Green Acres Mall, Panerai, Washington Square, Arrowhead Towne Center, Primark, Danbury Fair, Tysons Corner Center, Target, Broadway Plaza, MAC, Los Cerritos Center, Barnes & Noble, Eastland Mall, Crunch Fitness, Apple, Healey, NOI, Sport, Health, NYSE, Renting, Retail

Per Macerich CEO Tom O’Hern: “Leasing volumes continued at a record level … year-to-date leasing volumes are better than this time last year.

Key Points: 
  • Per Macerich CEO Tom O’Hern: “Leasing volumes continued at a record level … year-to-date leasing volumes are better than this time last year.
  • And keep in mind that leasing in 2022 was as good as it’s been in the last decade.”
    Specifically, in the second quarter, Macerich signed 191 leases for 1.4 million square feet.
  • “Macerich’s top-quality Regional Town Centers continue to mean more things to more people, thanks to the wide variety of categories and uses we successfully attract,” said Doug Healey, senior executive vice president, Leasing, Macerich.
  • “The leasing pipeline of new store openings now accounts for almost $66 million of incremental rent in the aggregate, which will be realized in 2023, 2024 and 2025,” added Healey.

Wish You Were Here Group and Macerich Announce Upscale, Experiential Restaurant Concept Élephante for Scottsdale Fashion Square

Retrieved on: 
Thursday, May 18, 2023
Biltmore Fashion Park, Scottsdale Fashion Square, Nordstrom, Senior, Arrowhead Towne Center, Seafood, MAC, Restaurant, Chandler Fashion Center, NYSE, Wine, Nightclub, Hotel, Lease, SanTan Village, Kierland Commons, Phoenix

SANTA MONICA, Calif., May 18, 2023 /PRNewswire/ -- Wish You Were Here Group, the renowned, multi-concept hospitality company focused on creating unforgettable dining experiences inspired by global travel, and Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced upscale, experiential Élephante for the south wing at Scottsdale Fashion Square, which is now undergoing redevelopment.

Key Points: 
  • Spanning 12,000 square feet, this first location expansion for Élephante outside Los Angeles is designed to deliver a multidimensional experience to the Scottsdale community.
  • While embracing an elevated take on the Santa Monica location, the Scottsdale venue will maintain the organic, breezy feel of Élephante in Los Angeles.
  • "With its vibrant community that appreciates elevated dining experiences, it's a favorable market for restaurants, especially in Scottsdale Fashion Square.
  • "We are very pleased to welcome the Wish You Were Here Group and Élephante to our top-performing Scottsdale Fashion Square," said Healey.

The Ultimate Adventure: The World's Biggest Bounce Park® Is Coming to Glendale, Arizona

Retrieved on: 
Friday, February 24, 2023
Arrowhead Towne Center, Gumball, Child, Ageing, Social media, Amusement park

GLENDALE, Ariz., Feb. 24, 2023 (GLOBE NEWSWIRE) -- FUNBOX® is bringing the ultimate adventure to Glendale, Arizona, with the World's Biggest Bounce Park®, FUNBOX®.

Key Points: 
  • GLENDALE, Ariz., Feb. 24, 2023 (GLOBE NEWSWIRE) -- FUNBOX® is bringing the ultimate adventure to Glendale, Arizona, with the World's Biggest Bounce Park®, FUNBOX®.
  • Coming to the World's Biggest Bounce Park® is helping make a difference in the lives of children who need it the most.
  • FUNBOX is thrilled to bring the World's Biggest Bounce Park® to Glendale and is excited to support Arizona Helping Hands.
  • Come and join the fun, and bounce with us at the World's Biggest Bounce Park®!

Sip Fresh Breaks into Arizona Market, Plans for Aggressive Growth in Southwest U.S.

Retrieved on: 
Thursday, December 1, 2022
Environment, Restaurant, Multimedia, Social media, Friends, Arrowhead Towne Center, Element, Hotel, Soft drink, Fast food, Southwestern United States

GLENDALE, Ariz., Dec. 1, 2022 /PRNewswire/ -- Sip Fresh, an innovative, handcrafted juice and beverage franchise concept, is expanding out of California and entering the Arizona market with plans to open its first location in Glendale. This entry into the greater Phoenix area marks the first of multiple units the high-quality beverage franchise is set to open in the Grand Canyon State. The Glendale location is set to open on December 3rd at the Arrowhead Towne Center Mall located at 7700 W. Arrowhead Towne Center. With plans to increase its footprint in the West and Southwestern states, this introduction into the burgeoning Phoenix market marks the next step for the brand that has already closed various multi-unit contracts in the Southern California area.

Key Points: 
  • "We are excited to finally introduce Sip Fresh to Arizona and to open the state's first location in this top-tier market," said Sharon Arthofer, Founder and CEO of Sip Fresh.
  • For more information regarding Sip Fresh and their available menu items, please visit www.sipfreshjuice.com .
  • California-based Sip Fresh opened its first store in 2017 with a mission to create delicious, handcrafted juices, in an interactive environment and unique presentation.
  • Sip Fresh's quality products are made to engage the senses: see it, sample it and sip it up.

AT&T and Verizon Ban 92% of Seniors From Wireless Discounts

Retrieved on: 
Tuesday, August 30, 2022
Technology, Mobile, Wireless, Construction & Property, Seniors, Carriers and Services, Telecommunications, Internet, Consumer, Residential Building & Real Estate, Technology, NASDAQ, AAA, T-Mobile, AT&T, Netflix, Arrowhead Towne Center, Speedtest.net, ALL, Multimedia, Sunshine State, State, Retirement, AT, Visitor, Carrier, TMUS, The Washington Post, In re Electronic Privacy Information Center, Internet service provider, Cable television, Mobile phone operator, Verizon Communications

but for some reason, AT&T and Verizon (AKA The Carriers) only offer discounts to seniors of the Sunshine State.

Key Points: 
  • but for some reason, AT&T and Verizon (AKA The Carriers) only offer discounts to seniors of the Sunshine State.
  • Today, T-Mobile (NASDAQ: TMUS) unleashes wireless discounts for ALL seniors as its next Carrier Callout .
  • View the full release here: https://www.businesswire.com/news/home/20220829005790/en/
    AT&T and Verizon Ban 92% of Seniors From Wireless Discounts (Photo: Business Wire)
    Seniors need a break now more than ever.
  • More than 1.5 million seniors live in the Grand Canyon State, but they can't even get a wireless discount from two of the three biggest nationwide wireless providers.

Macerich's A-Quality Portfolio Continues to Draw Large-Format Entertainment Tenants

Retrieved on: 
Tuesday, July 12, 2022
Metro New York, Family Entertainment, Pacific Northwest, Lists of video games, Friends, Danbury Fair, Multimedia, Senior, MAC, Sports complex, Arrowhead Towne Center, Asa, Broadway Plaza, Amusement, Lakewood Center, D, Fashion Fair, Pinstripes, Town, Central, Fashion, NYSE, Karaoke, Fashion District Philadelphia, NASDAQ, Deptford Mall, Amusement park, Amusement arcade, Deptford, Macerich, Vintage Faire Mall

SANTA MONICA, Calif., July 12, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced a major large-format entertainment company has selected two more Macerich properties for a new location.

Key Points: 
  • Round1 Bowling & Amusement is joining Macerich's high-performing Arrowhead Towne Center in fast-growing suburban Phoenix and Danbury Fair in Connecticut.
  • "More and more, people want physical places where they can be together and have fun.
  • Popular large-format entertainment concepts at Macerich properties include:
    Round1 Bowling & Amusement , a multi-entertainment center offering bowling, arcade games, billiards, karaoke, ping pong, darts and more.
  • XLanes FEC (Family Entertainment Center) features everything friends and families look forward to when going out, including bowling, billiards, restaurant, bar, arcade and more.

$101.5 Million Multifamily Asset Sale in Northwest Phoenix Brokered by Institutional Property Advisors

Retrieved on: 
Tuesday, December 14, 2021
Professional Services, Other Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banner Health, Education, Community, NYSE, Sale, Arizona State University, AAA, Wells Fargo, MMI, Acquisition, Arrowhead Towne Center, Health, Risk, Specialization, Research, Arrowhead Ranch, Arizona, Marcus & Millichap, Marketing, Peoria Sports Complex, Discover Financial, USAA, IPA, Arizona State Route 101, Baron, Honeywell, Financial services, Abrazo

Institutional Property Advisors (IPA) , a division of Marcus & Millichap, Inc. (NYSE: MMI) , announced today the sale of Arrowhead Ranch by Baron, a 256-unit multifamily asset in the Arrowhead Ranch master-planned community in Glendale, Arizona.

Key Points: 
  • Institutional Property Advisors (IPA) , a division of Marcus & Millichap, Inc. (NYSE: MMI) , announced today the sale of Arrowhead Ranch by Baron, a 256-unit multifamily asset in the Arrowhead Ranch master-planned community in Glendale, Arizona.
  • Gebing and Cliff David, IPA executive managing director, represented the seller, Baron Properties, and procured the buyer, Decron Properties.
  • Community amenities are framed by lush greenery and include two resort-style swimming pools, spas with expansive sundecks, and lake views.
  • Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America.

Institutional Property Advisors Closes $155 Million Multifamily Asset Sale in Suburban North Phoenix

Retrieved on: 
Friday, September 24, 2021
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Research, Science, MMI, PetSmart, Sale, Wells Fargo, Arrowhead Towne Center, Specialization, USAA, Waste management, Interstate Highway System, Marcus & Millichap, Marketing, Honeywell, Acquisition, Blue Cross Blue Shield Association, IPA, List of highways numbered 51, Arizona State Route 101, Research, Cox Communications, Deer Valley, Swimming, NYSE, Discover Financial, State, Commercial property, Financial services

Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE: MMI) , announced today the sale of Accolade, a 548-unit multifamily asset in Phoenix, Arizona.

Key Points: 
  • Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE: MMI) , announced today the sale of Accolade, a 548-unit multifamily asset in Phoenix, Arizona.
  • The transaction is one of the top five largest multifamily sales on record in Arizona by total purchase price.
  • Accolades strategic North Phoenix location offers a diverse employment base in a high-barrier-to-entry submarket, said Steve Gebing, IPA executive managing director.
  • Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America.