Vestar Properties

Real EstateArizona, United States201-500 Employees

Vestar Properties is a privately held real estate company headquartered in Phoenix, Arizona, focused on the acquisition, management, and development of commercial property in the western United States. Its portfolio includes entertainment-retail complexes, power and lifestyle centers, and neighborhood centers that serve as community shopping destinations. The company employs between 201 and 500 people and operates from 2415 East Camelback Road, Suite 100, Phoenix, AZ 85016. Recent activities include investments and developments in Queen Creek, such as a $100 million retail center and the completion of the Vineyard Towne Center development, along with adding Color Me Mine to its tenant roster. The firm has pursued acquisitions and financing activity, including purchasing land from Albertsons for about $8.8 million and securing a $34 million refinancing loan for East Washington Place in Petaluma. Vestar has engaged in collaborations with local governments, including a partnership with the city of Mesa to advance development efforts over the next two years.

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