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Ground Breaks on $13M Hispanic-Oriented Retail

PHOENIX-With preleasing at 88%, PC & Development LLC starts work on the $12.5-million Plaza Mayor. A 30,000-sf Hacienda Market will anchor the 62,000-sf project.

By Amy Wolff Sorter | Updated on October 16, 2007

PHOENIX-A Tempe-based developer will break ground this month on the 62,000-sf Plaza Mayor. The $12.5-million shopping center will be anchored by a 30,000-sf Hacienda Market, with the remaining space dedicated to tenants catering to the Hispanic market.

Jeffrey Garza Walker, director of new business and development for PC & Development LLC, says the project at 83rd Avenue and Palm Lane is already 88% leased. The grocery store lease is Hacienda Market’s largest to date.

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