The Arizona Republic had a new story on this often reported development in north Phoenix. CityNorth developers found out today that Bloomingdale’s and Macy’s have both pulled out of their preliminary agreements to be anchor tenants for phase II. The newspaper reports that phase one restaurants are doing well so far but there are still the court battles looming over the development. The court proceedings concern the parking garage and subsidies from the City of Phoenix. Read the AZ Republic story here.
Travis J. Bohling
Brewer Caldwell Property Management
480-212-7041 (Direct Line)
480-212-7042 (Fax)
Travisb@brewercaldwell.com
Tags: brewer caldwell, CityNorth, Commercial Real Estate, phoenix real estate, property management, real estate investing
Valley Sprawl 
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