In a press release published June 24, Whitestone REIT announced that its newest Arizona acquisition, Market Street at DC Ranch, will increase its occupancy rate by 6% in the coming months.
DC Ranch residents frequent Market Street for their grocery, dining and shopping needs. If you are interested in learning more about DC Ranch and Market Street, use DCRanchHomes as your source for community and real estate information. As Scottsdale real estate professionals who specialize in this community, we make it our job to know the area inside and out.
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Market Street at DC Ranch, a Whitestone property
8 new leases have been signed for the area. New tenants will include:
- Jalapeno Inferno Restaurant
- The Living Room Wine Café & Lounge
- Paradise Medspa
- DC Ranch Community Medicine
- GoldenHawk Financial
- Pavoreal Interiors
- Lindsey Schultz Design
- DC Dance AZ
Whitestone’s goal is to have each tenant open for business for the 2014-2015 season.
In addition, Market Street’s anchor tenant, Safeway, has agreed to invest $500,000 to update and improve its store.
Market Street residents are very excited about these changes. Whitestone’s Chairman and CEO, James C. Mastandrea, is especially excited about Jalepeno’s introduction to the area, and mentioned that “The second location of Scottsdale’s renowned Jalapeno Inferno Restaurant in a Whitestone Community Center demonstrates a key aspect of [the Whitestone] business model — expanding [Whitestone’s] tenants to profitably build their businesses by meeting the needs of residents in the surrounding communities.” He added, “Their success is our success.”
In the future, Whitestone will continue to attract small businesses and franchises to the Market Street area. Small centers better cater to community interests, so look forward to an increase in service, convenience in DC Ranch.
Interested in learning more about this area of Scottsdale? Feel free to reach out to us for DC Ranch lifestyle information, and DC Ranch homes for sale.
Don Matheson
Realtor | Founder
The Matheson Team – RE/MAX Fine Properties
21000 N. Pima Rd., #100, Scottsdale, AZ 85255
480-360-0281
don@scottsdalerealestate.com
