Tempe Marketplace, announced that it sold a 2.38-acre parcel on its southwest corner to Portillo's.
What a perfect recipe. With the Chicago Cubs set to open a new Arizona spring training facility just a mile to the east, one of the Windy City's most famous restaurants has just closed on property at Arizona's largest and most successful open-air retail center.
Vestar, owners of the 1.3 million square foot Tempe Marketplace, announced that it sold a 2.38-acre parcel on its southwest corner to Portillo's. The Midwest institution plans to open its high-energy, 7,000-square foot eatery in the summer of 2013. What goes better with taking in spring training baseball than Chicago hot dogs and beef—which is what Portillo's does and does right every day of the year.
"We have few restaurant sites at the bustling Tempe Marketplace left and it's hard to imagine a better fit for one of those spots than Portillo's," said David Malin , Vestar's Director of Acquisitions and Development. "Whether you're a Chicago native living in the Phoenix metropolitan area, a visitor from the Midwest or just someone who loves great food done right, you'll feel right at home at Portillo's."
Portillo's first expanded outside the Midwest when it opened its first California location in 2005. Tempe Marketplace is the most notable of Arizona sites yet announced.
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