SyWest Development, a commercial real estate owner and development firm, has selected Kidder Mathews to manage three retail assets in the Phoenix area.
The Shoppes at Casa Paloma is 130,301 square feet at 7131 West Ray Road in Chandler. It features Coffin & Trout Fine Jewelers, AJ’s Fine Foods, and a range of other tenants, including spas and salons.
Gilbert Commons Shopping Center is the largest shopping center in the region, with a sprawling 414,385 square feet at the corner of East Baseline and North Cooper Road in Gilbert. Tenants include Kohl’s, Ross, TJ Maxx, and HomeGoods.
Warner Ranch Shopping Center is in the heart of Tempe’s most affluent neighborhood, with 155,490 square feet at 9880 through 9920 South Rural Road. Fry’s Marketplace is the anchor tenant, alongside a mix of retail and service tenants.
“Kidder Mathews Asset Services is pleased to be supporting SyWest Development in the management of their Phoenix retail portfolio,” says Paul Klink, Kidder Mathews’ president of Client Services. “The Phoenix retail market has been climbing out of the COVID-19 lockdown with an aggressive trajectory toward significant recovery, and Maricopa County is one of the strongest retail markets in the Southwest,” he said.
Kidder Mathews Senior Vice President Michael DiDomenico and his team of local professionals will lead the property management for these assets.