Superstition Gateway in Mesa, Arizona has a new property team. Vestar, the leading privately held shopping center owner and manager in the western United States, has been awarded the role of property management, while retail brokerage specialist Western Retail Advisors will oversee leasing. The Phoenix-based companies will work collaboratively to maximize occupancy and operations at the Mesa center, which is currently 97% leased and attracts an average of 700,000 visitors per month.
Superstition Gateway is conveniently located at the highly trafficked corner of US Highway 60 and Signal Butte Road, in one of Arizona’s most popular cities. Spanning nearly 500,000 square feet, the property features a robust tenant mix, including anchor tenants Walmart, AMC Theatres, LA Fitness, Kohl’s, Marshalls, PetSmart, Michaels, Five Below, ULTA, and more than 50 additional retailers.
“We are thrilled to have been selected as the property management firm for Superstition Gateway and to expand our management footprint in our home state of Arizona,” said Patrick McGinley, President of Management Services at Vestar. “Mesa is one of the fastest-growing communities in the region, and we look forward to applying our management expertise to enhance the center’s overall value.”
Alvarez & Marsal Capital Real Estate acquired the asset in April 2025. The Western Retail Advisors team- Bryan Ledbetter, Neil Board, and Katie Weeks- will serve as the project’s exclusive leasing brokers.
“Superstition Gateway aligns perfectly with East Valley market demands, offering strong visibility, a prime location, and a compelling tenant mix,” said Ledbetter. “We’re excited to bring our retail-specific leasing experience to the project and appreciate the opportunity to represent such a well-positioned asset.”
Superstition Gateway joins Vestar’s management portfolio, which includes distinguished properties such as Tempe Marketplace, Desert Ridge Marketplace, Novus Place, and Scottsdale Promenade. With 35 years of experience in the retail real estate industry, Vestar has built a reputation for delivering long-term value to the properties it manages, making it a trusted partner for both owners and tenants.
Specializing in the metro Phoenix retail market, including leasing for power centers throughout Arizona, the Western Retail Advisors team brings deep industry expertise to the project, with a successful track record at other prominent locations such as SanTan Village Marketplace, Tempe Marketplace, Desert Ridge Marketplace, and Scottsdale Promenade.
