Asian Grocer 99 Ranch Market to Anchor Renovated Chandler Shopping Center

Article originally posted on Phoenix Business Journal on April 28, 2021

A recently renovated Chandler shopping center will be home to a number of first-to-market Asian retailers and restaurants.

A $10 million makeover was recently completed on a 117,000-square-foot retail center on the northeast corner of Chandler Boulevard and Dobson Road. Renovations include outdoor gathering spaces for the post-Covid era, new facades, lighting and signage. The center’s name was also changed from Andersen Fiesta Shopping Center to Chandler Ranch.

The center was purchased in 2019 by Houston-based commercial real estate agency NewQuest Properties for $11.5 million. NewQuest used its Asia-Pacific Retail Group to lease out the property, focusing on West Coast-based Asian restaurants and retailers.

99 Ranch Market, the Buena Park, California-based grocery chain, will anchor the center, moving into a 44,442-square-foot former Basha’s store. 99 Ranch Market is the largest Asian supermarket chain in the United States. It is slated to open its first Arizona store in May.

NewQuest has also brought on three new-to-market and established Asian restaurants – Kura Revolving Sushi Bar, Meet Fresh and Uncle Lee’s Kitchen. All three are expected to open in the fourth quarter of 2021, according to NewQuest.

Find the Complete Article Here: https://www.bizjournals.com/phoenix/news/2021/04/28/99-ranch-market-to-anchor-renovated-chandler-shopp.html?cx_testId=40&cx_testVariant=cx_9&cx_artPos=0#cxrecs_s.

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