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.
New owners set to revitalize Pinetop shopping center09-07-2018Karen Warnick The Independent
The Pederson Group of Phoenix has purchased White Mountain Village in Pinetop-Lakeside and plans to spend $4 million on renovating the shopping center.
“We’re already engaging with local officials, community leaders and the shopping public to ensure this valued but dated center is renovated to a first class development and a community asset that this town will be proud of for decades to come,” said Pederson Group founder and Chairman Jim Pederson in a press release. Pederson did not respond to a request for comment by press time.
The shopping center, which includes Safeway, was built in 1982 and has had a high vacancy rate over the past 10 years or so. The plans for the 122,891 square foot plaza include repaving the parking lot and repairing roofs, which will start “immediately.” Other plans include renovating the storefronts, canopies and infrastructure. The renovation is expected to be complete by mid-2019.READ MORE