Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Phoenix & Southwest  + Retail  | 

CBRE Secures $28M for Scottsdale’s Shops at Gainey Village

CBRE Capital Markets Debt & Structured Finance secured $27.87 million in financing for The Shops at Gainey Village, a 138,444-square-foot grocery-anchored retail center in Scottsdale. Dana Summers, Steve Roth, Bruce Francis, Ryan Keiser and Shaun Moothart originated the 10-year full-term interest-only debt at 3% on behalf of the unnamed borrower.

“Given the strong sponsorship and excellent location, the financing process was fiercely competitive, with many of our correspondent relationship lenders offering extremely lucrative bids for the sponsor,” said Summers.

Located at Scottsdale and Doubletree Ranch roads, at 8777 to 8989 N. Scottsdale Rd., the 100%-leased retail center is situated on 14.3 acres. The property was built in 2001 with all shop space. It underwent a partial renovation and repositioning in 2018 that included the addition of grocery space that is now occupied by Sprouts Farmers Market.

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With CBRE’s Summers

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.