Vestar Reports Strong 2022 Results
Retrieved on:
Thursday, February 23, 2023
PHOENIX, Feb. 23, 2023 /PRNewswire/ -- Vestar, the Phoenix-based real estate developer, owner and operator had a landmark year in 2022, expanding its retail and entertainment footprint throughout the western United States.
Key Points:
- Key milestones reached in 2022 include leasing more than 1.1 million square feet of retail space with 460 new and renewed leases.
- "We're very proud of what our team accomplished in 2022" said Vestar Executive Vice President Jeff Axtell.
- Vestar found innovative ways to attract new customers in 2022, hosting almost 2,150 events that drew nearly 2 million attendees.
- "Vestar had a strong 2022, and leasing continues to gain momentum portfolio-wide," Axtell said.