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$550,000 Facelift Eyed for Vintage Strip Mall

CHANDLER, AZ-Michael A. Pollack is sitting in front of the drawing board for a redevelopment project of a 61,000-sf strip mall at 1004 N. Arizona Ave. Pollack paid $3.6 million to Orsett Southwest for the 1960s product.

By Beverly Ford | Updated on January 20, 2003

CHANDLER, AZ-A vintage 1960s strip mall, one of the oldest in this Phoenix suburb, will get a $500,000 facelift in the summer in one of the first major redevelopment projects undertaken in the city of Chandler.

“It’s less than desirable aesthetically speaking. It’s truly an eyesore,” said Michael A. Pollack, whose firm, Michael A. Pollack Real Estate Investments will begin renovations on the NorthPark Plaza in June. “It’s just begging to be redeveloped and we’re willing to take on that challenge.”

The investment firm purchased the 61,000-sf strip mall at 1004 N. Arizona Ave. for $3.6 million from Orsett Southwest. Pollack Investments and Orsett Southwest, both based in Mesa, were self-represented in the transaction.

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