X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(For more retail coverage, click GlobeSt.com/RETAIL.)

SURPRISE, AZ-Donahue Schriber Inc. is joining the action in the fast-growing Phoenix suburb of Surprise with an announced groundbreaking for Greenway Marketplace, a 73,000-sf neighborhood shopping center. The estimated $8-million project will be completed during the fourth quarter 2006.

Charlie Hickcox, vice president of development for the Costa Mesa, CA-based REIT, says the development at the corner of Reems and Greenway roads isn’t scheduled to break ground until spring 2006. “We’re already about 50% preleased at this time,” he says. The tenant list includes a grocery store, on its own site. “We bought 9.5 acres of the land. They’ll purchase four,” he tells GlobeSt.com.

John Rehling of D.L. Slaughter Co. in Phoenix is handling leasing activities for Donahue Schriber. Boice-Raidl-Rhea Architects of Merriam, KS is the architect for the property.

Hickcox acknowledges Donahue Schriber is examining potential properties in Surprise and other western Phoenix suburbs. “We look for areas in which we can come in and build shopping centers fairly quickly,” he explains. Surprise is attractive, he continues, because it’s growing very quickly. “This is a community of 90,000 that used to be a sleepy little ‘burb,” he says. “It’s amazing, what’s going on out here.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.