If Brown Group builds it, they will come.
Scottsdale-based Brown Group (browngroupinc.com) has built 35 successful shopping centers, and they hit it out of the park with their latest project Mulberry Marketplace. Named for the nearby Mulberry residential development, Mulberry Marketplace commands 17.70 acres at the corner of Guadalupe and Signal Butte roads in Mesa, Arizona.
Mulberry Marketplace is anchored by a 124,267-square-feet Fry’s Marketplace Store. With a grand opening on June 24, it’s the first new Fry’s Marketplace store since 2011, employing nearly 350 associates. Naturally, other Mulberry Marketplace tenants benefit from the traffic drawn by Fry’s, which is open seven days a week from 5 am to 11 pm.
Mulberry Marketplace offers 710 parking spaces and a diverse group of retail and service providers, including:
- La Vie En Nail Spa, September opening.
- A 1,200-square-reet Great Clips Salon, September opening.
- Papa Murphy’s Pizza, October 24th opening.
- Signal Butte Animal Hospital & Grooming, November 1st opening.
- A 3,237-square-feet Burger King with drive-thru, first quarter of 2017.
- A 3,990-square-feet Bank of America with two drive-thru lanes, mid 2017 opening.
Mulberry Marketplace is the third Fry’s-anchored center developed by Brown Group in the last five years. The other two being the Fortuna Commons shopping center in Yuma, Arizona, and Sundome Crossing in Sun City West, Arizona.
Of the current state of retail development, Brown Group Founder Gary W. Brown says, “The Phoenix retail market is undergoing moderate yet cautious growth. Certainly better than the development activity during the Great Recession, but far from the hyper growth experienced during the early 2000s.” Therefore, Brown Group will continue to pursue new retail development within realistic housing growth projections, and will also continue to work in concert with major anchor tenants in filling their new store development needs nationally.