Vestar Signs Six Anchor Tenants to 500,000-Square-Foot Verrado Marketplace in Metro Phoenix

Buckeye, Ariz. — Vestar has signed leases with six tenants to anchor Verrado Marketplace, a 500,000-square-foot shopping center currently under development by the firm in Buckeye, roughly 35 miles outside Phoenix. Target, Harkins BackLot, Safeway, Marshalls, Ross Dress for Less and HomeGoods are scheduled to open at the property in late 2025. Harkins BackLot will occupy 75,000 square feet with an entertainment concept featuring a restaurant, sports viewing arena, arcade, bowling alley and private event area. Target will open a 147,000-square-foot store, and Ross Dress for Less and HomeGoods will occupy a total 70,000 square feet. Verrado Marketplace, which is situated at the entrance to DMB Associates’ 8,800-square-foot master-planned community, is one of five shopping center projects currently underway by Vestar in the state.