Vestis Group Negotiates Retail Lease In Tucson | CEM

By Celina Busse | Commercial Executive Magazine | July 9, 2020

Vestis Group Negotiates Retail Lease In Tucson

Vestis Group negotiated a retail lease for Berry Divine Acai Bowls in Tucson, Arizona, at the northeast corner of Speedway and Campbell, at 1927 E Speedway Blvd, Tucson, AZ 85719.

Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completed lease for Berry Divine Acai Bowls in Tucson, Arizona, at the northeast corner of Speedway and Campbell, at 1927 E Speedway Blvd, Tucson, AZ 85719.

“This location, close to the University of Arizona campus, will be great for Berry Divine Acai Bowls. Berry Divine also has locations in Phoenix, Tempe and Sedona,” says Matt Morrell, President of Retail Investments at Vestis Group and the lead broker for this transaction, “Berry Divine’s healthy and delicious acai bowls will do well here in Tucson. In my opinion, there is no other brand that can deliver the quality and delicious combinations of acai selections that Berry Divine has consistently provided to Arizona customers. BD’s store and customer growth is amazing. We are currently searching sites in Gilbert, Arizona for a 5th Arizona location.”

The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell negotiated the lease on behalf of the tenant, Berry Divine Acai Bowls. Vestis Group provides tenant representation services to select national, regional and local tenants with their expansion plans throughout Arizona.

Vestis Group is the broker of choice for individuals and institutions investing in multifamily residential and commercial real estate throughout Metropolitan Phoenix. Our advisors assist clients in the acquisition and disposition of multifamily investment and retail investment assets, including, apartments, bulk condo packages, duplex/triplex/fourplex properties, single-family rental portfolios (SFR Portfolios), income producing single-family investment properties, neighborhood strip centers, retail power centers, retail strip centers, neighborhood grocery, retail PAD and retail shopping centers. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartments units, condos, single-family homes and home sites. more at cem-az.com