Thompson Thrift's New Venture in Tempe
Thompson Thrift, a renowned real estate firm, has officially begun construction on its latest project, South Tempe Square. This 27,000-square-foot neighborhood shopping center is strategically located in Tempe, a vibrant community known for its liveliness and diversity.
The Vision Behind South Tempe Square
Dan Sink, president and CFO of Thompson Thrift Development, expressed his enthusiasm about this new initiative, stating how crucial partnerships with local entities have been in shaping the project. "Our goal is to develop spaces that not only meet community needs but also enhance the living experience for local residents," he mentioned.
Prime Location and Accessibility
Ideally situated at the junction of Rural Road and Warner Road, South Tempe Square benefits from significant traffic flow and easy access. Its proximity to major routes like Loop 101 and I-10 ensures visibility for the center and its retailers. What's more, the area is home to notable national tenants such as CVS, Sprouts, and Home Depot, creating a bustling retail atmosphere.
A Welcoming Community Hub
Ashlee Boyd, the managing partner for Thompson Thrift Commercial, highlighted the strong leasing activity at South Tempe Square. The center promises a diverse mix of shopping, dining, and service options, with nearly 75% of the retail space already leased, including popular brands like BURN Total Body Conditioning and Pacific Dental.
Cultural Richness of Tempe
Tempe is celebrated for its rich culture and numerous attractions. It is notably home to one of the largest universities in the country, providing a lively backdrop for community engagement. The Desert Financial Arena on the campus frequently attracts visitors, enhancing the local economy.
Thompson Thrift's Commitment to Quality Developments
Thompson Thrift has established a formidable reputation since its inception nearly four decades ago. With more than $6 billion invested into various communities, the firm focuses on high-quality multifamily and commercial developments. Projects across Arizona illustrate the company’s unwavering commitment to growth and community enhancement.
Expanding Project Portfolio
Current projects include Elliot Tech Center in Mesa, Germann Commerce Center in Queen Creek, and other notable developments, showcasing Thompson Thrift's strategy of investing in high-growth areas. These initiatives underline the company's goal of creating quality environments that resonate with community needs.
About Thompson Thrift Real Estate Company
Founded in 1986, Thompson Thrift has evolved into a comprehensive enterprise specializing in real estate development, construction, and management. With offices across multiple states, they maintain a national presence while prioritizing local community involvement. Their commitment to excellence was recently recognized with the prestigious Top Workplaces USA award in 2025.
Contact Information
For further inquiries, Jennifer Franklin from Spotlight Marketing Communications may be reached at 949.427.1385 to provide assistance and information regarding upcoming developments.
Frequently Asked Questions
What is South Tempe Square?
South Tempe Square is a 27,000-square-foot neighborhood shopping center under construction by Thompson Thrift, designed to serve the local community.
Where is South Tempe Square located?
It is located at the intersection of Rural Road and Warner Road in Tempe, providing easy access for shoppers.
Who are the main tenants in South Tempe Square?
Major tenants include BURN Total Body Conditioning, Pacific Dental, and Luna Grill Restaurant, among others.
What is Thompson Thrift's business focus?
Thompson Thrift specializes in real estate development, construction, and management of multifamily and commercial properties.
How can I contact Thompson Thrift for more information?
You can reach Jennifer Franklin at Spotlight Marketing Communications at 949.427.1385 for any inquiries related to Thompson Thrift.
