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PHOENIX-Nexus Companies has transformed Bell Towne Centre and Bell Towne Plaza from an outdated center with increasing vacancy to a thriving retail destination. The final pieces of the five-year metamorphosis are new leases with LA Fitness and Toys “R” Us and a complex refinancing.

“Bell Towne is proof that you can succeed in troubled times if you work together with your tenants, the cities and the local brokerage communities,” says Cory Alder, president of Nexus Companies, which has owned Bell Towne Centre and Bell Towne Plaza for nearly 20 years. The project has maintained occupancy of more than 91% during the downturn.

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