Commercial Real Estate News: "Glimcher Ventures Plans $20M Shopping Center
By Amy Wolff Sorter of GlobeSt.com
Tuesday, June 19, 2007 - CHANDLER, AZ-Glimcher Ventures Southwest plans to immediately break ground on a 19.5-acre tract to develop the 100,000-sf Shoppes at Chandler Heights. The 19.5-acre land deal is slated to close Aug. 1; site work begins the next day.
David Glimcher, president of the Scottsdale, AZ-based company, says the $20-million project will go vertical in November, but it's already 90% preleased. He expects the project will be 100% leased when it opens in late 2008."
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