Tempe Marketplace

Tempe, Arizona, the East Valley city on the south bank of Tempe Town Lake that hosts Arizona State University’s primary campus, gives Tempe Marketplace at McClintock Drive and Rio Salado Parkway an open-air lifestyle center trade area whose ASU student population, Tempe and Chandler professional household, and the younger Phoenix metro consumer give the property a lifestyle retail and dining concentration that Nordstrom Rack, Target, Marshalls, and Ross Dress for Less anchor in a format whose off-price combination serves both the value-sensitive student and young professional household and the premium-adjacent consumer the Tempe and Chandler Corridor sustains. Harkins Theatres anchors the cinema and entertainment category with the Scottsdale-founded Arizona cinema chain. Dave and Buster’s serves the entertainment and arcade dining occasion.

GEN Korean BBQ, the Irvine-founded Korean barbecue chain whose tableside format the ASU and East Valley young professional market accesses as a social dining occasion; Barrio Queen, the Scottsdale-founded Mexican food brand whose modern Sonoran cuisine the Arizona consumer treats as a regionally specific upscale Mexican dining alternative; and Lou Malnati’s Pizzeria, the Chicago-founded deep-dish pizza institution whose Phoenix-area expansion has given the Valley a Chicago pizza identity, give the property a dining floor specific to the ASU-and-Tempe consumer’s multicultural dining preferences. The Keg Steakhouse and Bar, Lucille’s Smokehouse BBQ, and King’s Fish House serve the premium casual dining floor. Portillo’s gives the property a Midwest-identity quick-service dining occasion the transplanted Illinois household in the Phoenix metro seeks.

West Elm, Michaels, and World Market serve the home furnishings and lifestyle categories. Best Buy serves the consumer electronics floor. PetSmart serves the pet supplies category. Ulta Beauty, Lush, and Bath and Body Works serve the accessible and natural beauty categories. Road Runner Sports serves the premium running and athletic footwear category. American Eagle, H&M, J. Crew, LOFT, Old Navy, Victoria’s Secret, PacSun, and Tillys cover the accessible fashion floor. Barnes and Noble serves the books and culture category. The property’s commercial position is the ASU and East Valley lifestyle center at Rio Salado: a Nordstrom Rack-anchored open-air format whose GEN Korean BBQ Asian dining identity, Barrio Queen Sonoran cuisine, and Lou Malnati’s Chicago deep-dish character serve the Tempe and Chandler Corridor household at the Tempe Town Lake commercial gateway.