Accelerated Development partnered with Q Real Estate to acquire a 143,557 square foot Power Center in Albuquerque, New Mexico. The project is shadow anchored by Target and the group plans to remodel and re-tenant the shopping center. Drawing on a past equity relationship, from their Cypress Equities days, Accelerated sourced the opportunity for its partnership…
Accelerated Development, through their joint venture with Wadsworth Development recently completed the purchase of a 10,000 square foot building at 1145 N. Main Street in Logan, Utah. The highly visible building is in the heart of the retail district. Located just south of the Cache Valley Mall and across from Home Depot, the building…
Accelerated Development along with its Joint Venture partner Wadsworth Development recently completed the redevelopment of the 12,000 square foot former Designs West furniture store in Flagstaff, Arizona. Located along US Highway 89 at the main entrance to the Flagstaff Mall, the building was in need of a facelift, parking improvements and a complete remodel. Accelerated had…
Chandler, AZ – Just before the holiday break, Wadsworth Development and Accelerated Development closed on 1.7 acres of raw land at the southwest corner of Germann and Gilbert in Chandler, Arizona. The partnership closed the deal under their joint venture agreement with Salt Lake City-based Wadsworth and was a 1031 exchange. Interested parties ranging from sit-down restaurants,…