Cire Equity Acquires Pecan Promenade Retail Center in Tolleson

Pecan PromenadeCassidy Turley, a leading U.S. commercial real estate services provider, has been awarded the leasing assignment for Pecan Promenade, a 40-acre, 336,023-square-foot retail center on the northeast corner of 99th Avenue and Lower Buckeye Road by the property’s new owner, CIRE Equity of La Jolla.

Cassidy Turley’s Brad Douglass and Chris Hollenbeck have the leasing assignment for the retail power center. Pecan Promenade has about 16,968 square feet available for lease with shops available from 1,274 to 6,000 square feet.

Anchor tenants at Pecan Promenade include Target, Ross Dress for Less, Rainbow Apparel, Dollar Tree, L.A. Fitness, Kirkland’s, Starbucks, Jack in the Box and Taco Bell.

“We are very excited to work on another property with CIRE Equity; they are a great owner and bring a creative energy to their assets,” Douglass says. “Pecan Promenade has strong national tenants in place and is an excellent opportunity for retailers to locate in a neighborhood center surrounded by a growing daytime business population and established residential neighborhoods.”

Pecan Promenade is located just south of Interstate 10 on major east-west and north-south arterial streets in the West Valley. The household income within a five mile radius of the center is more than $59,000.

For more information contact Douglass or Hollenbeck at Cassidy Turley, 602-954-9000.

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