SyWest Development, a commercial real estate owner and development firm, has selected Kidder Mathews to manage three retail assets in the Phoenix area.
The Shoppes at Casa Paloma is 130,301 square feet at 7131 West Ray Road in Chandler. It features Coffin & Trout Fine Jewelers, AJ’s Fine Foods, and a range of other tenants, including spas and salons.
Gilbert Commons Shopping Center is the largest shopping center in the region, with a sprawling 414,385 square feet at the corner of East Baseline and North Cooper Road in Gilbert. Tenants include Kohl’s, Ross, TJ Maxx, and HomeGoods.
Warner Ranch Shopping Center is in the heart of Tempe’s most affluent neighborhood, with 155,490 square feet at 9880 through 9920 South Rural Road. Fry’s Marketplace is the anchor tenant, alongside a mix of retail and service tenants.
“Kidder Mathews Asset Services is pleased to be supporting SyWest Development in the management of their Phoenix retail portfolio,” says Paul Klink, Kidder Mathews’ president of Client Services. “The Phoenix retail market has been climbing out of the COVID-19 lockdown with an aggressive trajectory toward significant recovery, and Maricopa County is one of the strongest retail markets in the Southwest,” he said.
Kidder Mathews Senior Vice President Michael DiDomenico and his team of local professionals will lead the property management for these assets.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $8 billion in transactions, manages over 70 million square feet of space, and conducts over 1,800 appraisals annually. For more information, visit kidder.com.
SyWest Development is a California-based commercial real estate firm with current holdings that include over 60 properties that exceed 744 acres and approximately 4.2 million square feet of leasable building space. For more information, visit sywest.com.