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Developers MainSpring Capital Group and Palmer Development have completed the first phase of The Block in Scottsdale with and is 100% pre-leased. The retail space includes 14,000 square feet of shop space and three freestanding pads, which are pre-leased to national tenants including Texas Roadhouse and White Castle. The impressive leasing activity, particularly in a burdened retail market competing with ecommerce, highlights the retail demand in Phoenix and for quality projects.

“This is a great site, and that always helps,” Curtis Brown, one of the developers, tells GlobeSt.com. “At Mainspring Capital Group, we knew we had a great retail site at the front door to Pima Center, our 232-acre business park. We also knew we needed a retail amenity to not only serve the strong employee base within Pima Center and surrounding trade area, but also the 200,000 cars a day passing the site. What we didn’t know was the best way to design for and appeal to the current market trends and conditions.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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