At Scottsdale Pavilions, Michaels will relocate from within the same retail center, effective April 2002. The new location totals 24,449 sf. Scottsdale Pavilions is located on the southwest corner of Loop 101 and Indian Bend.
Tom Woods of Colliers International's Phoenix office represented Michaels and property owner, Pima Grande Development II of Scottsdale. Woods also negotiated a 14,547-sf retail site for the nationwide arts and crafts retailer at Prescott Gateway Mall, situated at the juncture of US Highway 69 and Lee Boulevard in the suburb of Prescott. That ribbon cutting will take place March 1, 2002. Woods negotiated the pact for both parties. Prescott Mall LLC of Phoenix is the owner of record.
In yet another Woods' deal, a 3,720-sf expansion at Scottsdale Pavilions is being readied for a March 2002 takeover by Souper Salad LLC, headquartered in San Antonio.
And coming up April 1, 2002, Phoenix-based Macayo Restaurant adds 6,864 sf to its location at Prescott Gateway, a regional shopping center also owned by Prescott Mall LLC. Woods handled talks for tenant and center owner. The high-profile retail center's tenant roster includes Barnes & Noble, Pier 1 and Linens & Things.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
