Buffalo Spot Signs Lease for Tempe Restaurant

Second Valley Location to Open This Week

Phoenix, Ariz. –  The Buffalo Spot has leased space at 1537 W. Broadway Rd. in Tempe for its second Valley restaurant.  Franchisee, Steve Anderson, plans to open the new restaurant this week.

“The retail center already features Starbuck’s and Jersey Mike’s, which are terrific co-tenants for this fast-casual restaurant,” says Nick Ault with Colliers International in Greater Phoenix.  “The trade area features more than 150,000 employees and the neighborhood is hungry for more dining options.”

Ault and Daniel Ortega with Colliers International in Greater Phoenix represented Anderson in the lease negotiations for The Buffalo Spot space.  Nick DeDona of Phoenix Commercial Advisors represented the landlord.

The Buffalo Spot is a fast-casual restaurant that is recognized for its signature Buffalo Fries and a wide selection of wings.  The company has been successful with its first location at Northern and 21st Avenue and is now expanding to the East Valley.  The restaurant will occupy 2,227 square feet of space at the western end of the shopping center.

About Colliers International Group Inc.

Colliers International Group Inc. is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 12,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

 

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