Popular former Fox creation to open in Phoenix’s central corridor

A venture formed by Capital Development Southwest, Inc. (Jay Gold, President) and Lawrence & Geyser Development Corp. acquired a 9,555 SF retail property at 51 E. Camelback in Phoenix.


The seller in the transaction was Gramercy Capital Corp., a New York based REIT. The site is home to an existing Bank of America branch.

In addition, a new Sauce restaurant will open in the remaining vacancy as a result of a recently completed lease agreement with Fox Restaurant Concepts and their new buyer.

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