David Glimcher, president of the Scottsdale, AZ-based company,says the $20-million project will go vertical in November, but it'salready 90% preleased. He expects the project will be 100% leasedwhen it opens in late 2008.

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"This area of Chandler has been starved for new retail,"Glimcher explains. "Obtaining approvals can be somewhattime-consuming so when something comes on line in a new area, thereare people waiting to get in there." The development tract is beingbought from a Las Vegas investor.

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Tenants committing to the space are Break Masters Inc., Club DelSol Tanning Inc., Country Kitchen International Inc., El Paso Bar BQue Co. Inc., Francis & Sons Auto Spa, Hungry Howie's Pizza& Subs Inc., Meshel's Salon, Tutor Time Learning Systems Inc.and Whataburger Restaurants LP. The quoted lease rate is $30 per sfto $35 per sf, triple net.

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The Shoppes at Chandler Heights was designed by T-SquaredArchitects of Fresno, CA. The general contractor has not beenselected.

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Just last month, Glimcher broke ground on the $300-millionShoppes atSurprise Pointe, a 300-acre, theater-anchored developmentof retail and entertainment space. Glimcher tells GlobeSt.com thathe has one more retail project in the pipeline for this year."We're about a month away from revealing any details about thethird site," he adds. "By the end of the year, we'll have threeseparate projects under construction."

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