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Blend of Traditional Retailers With Medical Tenants New Norm

GLENDALE, AZ—Healthcare providers and vendors are increasingly focused on becoming more accessible and convenient for patients, and are a boon because they often invest more into the infrastructure.

Shops at Arrowhead Gateway The retail center is located on an outparcel of the Arrowhead Towne Center Mall.

GLENDALE, AZ—The Shops at Arrowhead Gateway benefit from a growing surrounding community that includes more than 287,000 residents and more than 119,000 households within a five-mile radius. The 35,684-square-foot retail center is located at 17560 and 17570 N. 75th Ave., on an outparcel of the Arrowhead Towne Center Mall.

That proximity to nearly 300,000 residents gave the center an advantage and resulted in a recent sale to NLT Properties LLC of Las Vegas. The seller is FPWL Bell and 75th LLC, a Bainbridge Island, WA-based company.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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