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Thompson Thrift Retail Group Acquires Land for Phoenix Area Retail Development


Thompson Thrift Retail Group Acquires Land for Phoenix Area Retail Development
First phase of $28 million project to open in early 2022
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PHOENIX, April 14, 2021 /PRNewswire/ Thompson Thrift Retail Group (TTRG), a wholly owned company of Indianapolis-based Thompson Thrift, announced today the acquisition of the first parcel of a 15-acre master planned development in Mesa.
When fully built out, the development located at the northwest quadrant of US 60 and Signal Butte Road will feature approximately 95,000 square feet of retail space set among a series of freestanding and multi-tenanted buildings.
Whataburger, Backyard Taco, Black Rock Coffee and EOS Fitness have already committed to the site, which TTRG is targeting to open the first phase of the development in the first quarter of 2022. When all phases of the project are complete, TTRG expects the development to have a total project cost in exce ....

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