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Thompson Thrift’s First Phase is Set to Open in Early 2022
Thompson Thrift Retail Group recently acquired the first parcel of a 15-acre master-planned development in Mesa. The first phase of the $28 million project is to open in early 2022.
When fully built out, the development located at the northwest quadrant of US 60 and Signal Butte Road will feature approximately 95,000 square feet of retail space set among freestanding and multi-tenanted buildings. Whataburger, Backyard Taco, Black Rock Coffee and EOS Fitness have already committed to the site.
“We are excited to work with the city of Mesa to develop this strategic piece of real estate just off the U.S. 60,” said Chris Hake, senior vice president, director of the Southwest region for Thompson Thrift. “The East Mesa area continues to see strong growth as evidenced by the more than 800 recently announced residential units that will surround the site.”
This property has access from heavily traveled Signal Butte and Hampton Avenue, and exposure from a number of nearby national credit tenants including Wal-Mart, AMC Theaters, Sprouts and Home Depot.
- ◦Acquisition
