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West Valley shopping center gets update; plus 4 more real estate deals to know

Thursday, February 16, 2023   /   by Juan Grimaldo

West Valley shopping center gets update; plus 4 more real estate deals to know

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A longtime neighborhood shopping center in the West Valley called Glenfair Plaza was recently renovated by developer Michael A. Pollack.

Pollack first purchased the 83,510-square-foot plaza at the northwest corner of 59th Avenue and Bethany Home Road in 2000, when he completed a number of upgrades to the aging center and brought the occupancy to 95%.

This past summer, Pollack again renovated the center by upgrading the face of the property’s stonework, stucco, paint, tile roof, exterior lighting, the parking lot, landscaping and new glass storefronts, totaling hundreds of thousands of dollars.

“Redevelopment of older properties are one of the single most powerful ways to revitalize a community, drive up the economy and increase pride back into a neighborhood,” said Pollack in a statement. “Sometimes it can be a small renovation but in the case of our Glenfair Plaza this would be another substantial renovation for us.”

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By Angela Gonzales and Audrey Jensen - Phoenix Business Journal

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The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395

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