Vestar

About Vestar

Vestar is a real estate operator headquartered in Phoenix, AZ. Vestar operates in Dallas, Texas, Denver, Colorado and Las Vegas, Nevada. Its investment focus is on Hospitality and Standalone Retail.

Vestar is a privately held real estate company headquartered in Phoenix, Arizona. Founded in 1989, the enterprise operates with 37 years of industry experience, specializing in the acquisition, development, and management of retail and entertainment properties across the western United States. The firm maintains a large-scale operating portfolio that encompasses over 30 million square feet of retail space. Its core strategy focuses on open-air shopping centers, lifestyle centers, and neighborhood retail hubs designed to serve high-growth suburban and urban submarkets. Notable completed developments within the organization's portfolio include Desert Ridge Marketplace in Phoenix at 1.2 million square feet, Tempe Marketplace in Tempe at 1.3 million square feet, and The District at Tustin Legacy in California at 1 million square feet. Its current development pipeline features upcoming properties such as Verrado Marketplace spanning 500,000 square feet and Laveen Towne Center encompassing 460,000 square feet.

Principals at Vestar

Recent activity at Vestar

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Vestar's project portfolio

16 projects on file · Retail (12), Mixed-Use (3), Hospitality (1)

Markets and themes

Markets Vestar operates in

• Dallas, Texas
• Denver, Colorado
• Las Vegas, Nevada
• Los Angeles, California (LA)
• Phoenix, Arizona
• Sacramento, California
• Salt Lake City, Utah
• San Bernardino-Riverside-Ontario, California (Inland Empire)
• San Diego, California
• San Francisco - Oakland Bay Area, California
• San Jose, California
• Santa Fe, New Mexico
• Seattle, Washington

Investment themes at Vestar

• Hospitality
• Standalone Retail

Capabilities

• Asset Management
• Construction Management
• Data-driven
• Economic Development
• Public-private partnerships
• Technology-forward
• Transit-oriented development
• Urban infill

Operators similar to Vestar

• Kairos Investment Management Company
  Institutional tierPhoenix, ArizonaSan Francisco - Oakland Bay Area, California+11 more marketsHospitalityStandalone Retail
• Kimco Realty Corporation
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+9 more marketsHospitalityStandalone Retail
• HHM Hotels
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+9 more marketsHospitality
• Dalfen Industrial
  Institutional tierDenver, ColoradoDallas, Texas+9 more marketsStandalone Retail
• CIM Group
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+7 more marketsStandalone RetailHospitality
• PulteGroup
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+9 more markets
• Fairfield Residential
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+9 more markets
• Clarion Partners
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+6 more marketsStandalone RetailHospitality
• Trammell Crow Company
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+6 more marketsStandalone RetailHospitality
• Prologis
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+8 more markets

Frequently asked questions about Vestar

What does Vestar do?

Vestar is a privately held real estate company headquartered in Phoenix, Arizona.

Where is Vestar based?

Vestar is headquartered in Phoenix, AZ.

What markets does Vestar operate in?

Vestar is active in Dallas, Texas, Denver, Colorado, Las Vegas, Nevada, Los Angeles, California (LA), Phoenix, Arizona, and Sacramento, California.

How many employees does Vestar have?

Vestar has 201–500 employees.