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Fry’s Food & Drug to anchor Mulberry Marketplace

1/23/2015

Mesa, Ariz. -- Brown Group announced that Fry’s Food & Drug will anchor the retail developer’s new Mulberry Marketplace, to be built at the northwest corner of Guadalupe Road and Signal Butte Road in Mesa, Arizona.



The development is comprised of 17.70 acres – 5.3 acres owned by Brown Group partners Gary Brown and Todd Kjar, and 12.4 acres owned by Fry’s. Mulberry Marketplace will be the third Fry’s-anchored center Brown Group has developed in the last five years



Work is scheduled to begin in July 2015, including site work, construction of a 123,419-sq.-ft. Fry’s, and 12,000 sq. ft. of shops attached to the south. The site plan calls for 710 parking spaces and a Fry’s Fuel Center; deals are in the works for the three pads available for ground lease. Two of the pads are designed for drive-through restaurants and the third is for a bank.



Named for the nearby Mulberry residential development, Mulberry Marketplace will be filled with the type of service providers typically needed in a neighborhood center. “We hope to satisfy a consumer’s needs in a number of different areas with service tenants and restaurants,” said Brown. “We try to create a nice marketing mix of various tenants who complement one another.”


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