years of excellence
Pederson’s wide array of centers feature upscale and enjoyable environments for shoppers, and high-profit opportunities for its growing assortment of retail tenants.
Developing, revitalizing, leasing & managing quality grocery anchored shopping centers
With 27 retail properties totaling more than 5,000,000 square feet, Pederson provides multiple leasing opportunities for national, regional and local retailers.
Building Positive Community Assets
Through the years, The Pederson Group has been widely recognized for its professional expertise in creating and managing grocery-anchored developments that create jobs, revitalize neighborhoods and make positive contributions to Arizona’s overall economy.
Specifically designed to complement the neighborhood or trade area in which they are located, these retail developments often incorporate public contributions such as art work, public gathering places, entertainment venues, and other nuances that add to the retail shopping environment and become positive public assets.
One of the company’s specialties is integrating retail projects into upscale master-planned residential communities. Located in several of the Valley’s higher income areas, these retail centers require a great deal of neighborhood involvement and cooperation before construction is even initiated. Placing a high priority on providing high-quality retail services without being intrusive to the community, The Pederson Group’s senior management team works closely with local officials and civic leaders, community developers and nearby residents to make certain that each center meets the needs of its most important constituents – the residents of the trade area.
Active Pederson Projects Property developed by Pederson Inc.
Humble Pie sold to real estate developers12-17-2018A. J. Mesalic — Restaurant Hospitality
Humble Pie — a nine-restaurant Arizona-based pizza chain known for its wood-fired pies and specialty sausage pizza — has been sold to Cornwell Development Partners of Scottdale, Arizona, officials said Friday.
Terms of the deal, which was finalized on Dec. 4, were not disclosed. The deal was facilitated by Phoenix-based advisory company, Reconstruction Partners.
Humble Pie joins a diverse portfolio of neighborhood commercial real estate developments owned by Cornwell. Reconstruction Partners’ Wallace Hite said that Humble Pie’s new owners have a “fairly strong growth plan” in place for the pizza chain.READ MORE