The Pederson Group
The Pederson Group is a Phoenix-based, founder-owned commercial real estate developer founded in 1983 that develops, leases, and manages class A grocery-anchored retail shopping centers across Arizona, serving national, regional, and local retailers from a 27-property, 5M+ sq ft portfolio.
- Company typePrivate
- Founded1983
- HeadquartersPhoenix, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What The Pederson Group does
The Pederson Group is a Phoenix, Arizona-based commercial real estate development company founded in 1983 by Jim Pederson that develops, revitalizes, leases, and manages class A grocery-anchored retail shopping centers throughout Arizona. The firm operates a portfolio of 27 retail properties totaling more than 5,000,000 square feet across markets including Phoenix, Scottsdale, Peoria, Mesa, Tempe, Gilbert, Goodyear, Casa Grande, and Lakeside, and has completed more than 200 building projects since inception, employing 11–50 staff at its 2415 E. Camelback Road headquarters. The company generates revenue through three streams: (1) one-time development income from new retail and mixed-use projects such as the $100M, 40-acre The Trailhead development in Peoria, (2) recurring leasing commissions and rents across the in-house-leased portfolio, and (3) recurring property management fees for grocery-anchored centers and power centers.
Its go-to-market is sales-led and direct: an internal team negotiates leases with national anchor tenants such as Safeway (Albertsons), Fry's Signature (Kroger), Target, Dillard's, JC Penney, Kohl's, and Harkins, while also signing regional and local SMB tenants including Jinya Ramen Bar, Chula Seafood, Ling & Louie's, and Anytime Fitness. A distinguishing capability is the integration of retail projects into upscale master-planned residential communities through close coordination with city officials, civic leaders, and community developers — securing entitlements and designing centers that complement rather than disrupt surrounding neighborhoods. Marketing is light-touch, relying on the firm's company website, project announcements via Arizona Business Journal, azcentral, Arizona Republic, and trade recognition (NAIOP Arizona Retail Project of the Year, ConnectCRE Retail Project of the Year).
Ownership is entirely founder-controlled and private: Jim Pederson serves as Founder/Chairman, his son James R. Pederson is Vice President and Designated Broker, and the firm has no disclosed institutional capital, parent company, or subsidiaries. Leadership includes President Jeff Manelis (with the firm since 1990), Chief Operating Officer Rob Bassett (fourth-generation Arizonan, prior tenure at Macerich and Westcor), Director of Property Management Jennifer Stumph (joined April 2026), and Office Manager Tiffany Jordan (joined 2025).
The Pederson Group firmographics
Firmographics- Name
- The Pederson Group
- Legal name
- Pederson Group Inc.
- Website
- https://pedersoninc.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Pederson Group is a Phoenix-based, founder-owned commercial real estate developer founded in 1983 that develops, leases, and manages class A grocery-anchored retail shopping centers across Arizona, serving national, regional, and local retailers from a 27-property, 5M+ sq ft portfolio.
- Ownership category
- akta.pro rank
The Pederson Group industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Rental and Leasing Services (532)
- SIC
- Lessors Of Real Property, Nec (6519), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
Keywords
Where The Pederson Group is headquartered
LocationHeadquarters
- HQ city
- Phoenix
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Pederson Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Retail Property Development: Developing grocery-anchored shopping centers and mixed-use developments, generating revenue through property sales or long-term ownership.
- Leasing Services: Providing leasing opportunities for national, regional and local retailers across their portfolio of 27 retail properties totaling more than 5,000,000 square feet.
- Property Management: Managing retail properties including property operations, financial reporting, and tenant relations/retention.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
The Pederson Group product offering
Product offeringCore offering
The Pederson Group acquires land and develops, revitalizes, leases, and manages class "A" grocery-anchored retail shopping centers throughout Arizona. It operates a 27-property portfolio spanning more than 5,000,000 square feet, leasing space to national, regional, and local retailers and providing in-house property management, construction, financing, and development services.
Product overview
The Pederson Group is a commercial real estate development company that specializes in developing, revitalizing, leasing, and managing quality grocery-anchored class 'A' retail shopping centers throughout Arizona. The company operates a portfolio of 27 retail properties totaling more than 5,000,000 square feet. Their service offerings include property development, revitalization, leasing, and property management. Key properties include The Trailhead (a 40-acre mixed-use development in Peoria), Hayden Peak Crossing (Scottsdale), Stetson Village (Phoenix), Chaparral Plaza (Scottsdale), and White Mountain Village (Lakeside). The company focuses on integrating retail projects into upscale master-planned residential communities and neighborhood areas.
Differentiator
Problem solved
Functional benefit
Products and services
- The Trailhead A 40-acre mixed-use development at 83rd Avenue and Happy Valley Road in Peoria, Arizona, anchored by a 63,000-square-foot Safeway grocery store and featuring specialty retail, restaurant tenants, and access to the Sunrise Mountain Preserve trail system. Constructed for national and regional retail tenants and shoppers in a growing master-planned area of north Peoria.
- Hayden Peak Crossing A retail shopping center at the southeast corner of Thompson Peak Parkway and Hayden Road in Scottsdale, Arizona, anchored by a 75,000-square-foot Fry's Signature Supermarket and featuring local and national retail and restaurant tenants including StretchLab (first Arizona location, 2019), Ling's Wok Shop, and Chula Seafood.
- Stetson Village An upscale neighborhood shopping center at the northeast corner of 39th Avenue and Happy Valley Road in Phoenix, anchored by Safeway, designed to serve an upscale master-planned residential trade area.
- Chaparral Plaza A neighborhood shopping center at the northwest corner of Chaparral and Hayden Roads in Scottsdale, Arizona, featuring approximately 93,978 square feet of retail space available to regional and local retailers in the Scottsdale trade area.
- White Mountain Village A 122,891-square-foot neighborhood shopping center at 20 W. White Mountain Blvd. in Lakeside, Arizona, anchored by Safeway; acquired by Pederson Group in 2018 and renovated to upgrade the property for the local trade area.
- Retail Property Development Services Development of class "A" retail shopping centers throughout Arizona, including site selection, construction management, financing, and project delivery for grocery-anchored centers and power centers.
- Property Revitalization Services Renovation and revitalization of existing shopping centers to upgrade facilities, improve storefronts, canopies, and infrastructure, including the $4 million renovation of White Mountain Village in Pinetop-Lakeside.
- Retail Leasing Services Leasing opportunities for national, regional, and local retailers across the 27-property portfolio totaling more than 5,000,000 square feet, providing shop space, pad sites, and restaurant suites within grocery-anchored shopping centers.
- Property Management In-house management services for grocery-anchored shopping centers and power centers across Arizona, including property operations, financial reporting, construction, and tenant relations and retention.
Quantifiable outcome
- 35,000 local jobs created through developments
- +2 more outcomes
Companies that use The Pederson Group
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
The Pederson Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Pederson Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Safeway (Albertsons Companies)coreSafeway serves as the anchor tenant for The Trailhead development in Peoria, occupying a 63,000-square-foot store. The Safeway Foundation awarded more than $100,000 in grants to nearby schools and nonprofits at the grand opening.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
The Pederson Group competitors and assessment
Company assessmentBroad incumbents
- Brixmor Property Group: Public REIT (BRX) and one of the largest owners/operators of grocery-anchored shopping centers in the US. Comparable product category and tenant mix (national grocers as anchors), though at significantly greater scale and geographic breadth.
- Kimco Realty: Public REIT (KIM) and largest owner of open-air grocery-anchored shopping centers in the US. Comparable product type at much larger scale; a key competitor for national tenant relationships Pederson cultivates.
- Regency Centers: Public REIT (REG) focused on premium grocery-anchored shopping centers. Highly comparable product category and tenant strategy; operates at national scale rather than Arizona-focused.
- Federal Realty Investment Trust: Public REIT (FRT) focused on premium open-air shopping centers in high-density, affluent markets. Comparable emphasis on upscale grocery-anchored retail and community integration, though at national scale.
- Howard Hughes Holdings: Public developer (HHH) of master-planned communities with embedded retail. Highly comparable in the master-planned community integration model Pederson specializes in, though HHH operates at much larger scale and broader geography.
Direct peers
- Phillips Edison & Company: Public REIT (PECO) focused on grocery-anchored neighborhood shopping centers. Directly comparable business model of owning/operating grocery-anchored retail, though at much larger scale and across the US rather than Arizona-only.
- Weitzman: Texas-based retail real estate services firm providing brokerage, property management, and development for shopping centers. Similar in being a privately-held retail-CRE operator serving national tenants with class A centers.
- Vestar: Phoenix-based privately-held retail real estate development and management company. Vestar develops, owns, and operates grocery-anchored shopping centers across the Southwestern US, making it the closest direct competitor to Pederson in the same geography and product category.
- Westwood Financial Corp: Privately-held owner/operator of grocery-anchored shopping centers in the Western US. Directly comparable niche focus on grocery-anchored retail centers at a similar size profile to Pederson.
- SRS Real Estate Partners: National retail real estate advisory, brokerage, and investment firm. Comparable in providing leasing, management, and investment services for retail shopping centers to national and regional tenants.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
The Pederson Group social profiles
Digital presenceThe Pederson Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Pederson Group leadership team
Management profileNumber of profiles
Profiles6 records
The Pederson Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Pederson Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Pederson Group
What does The Pederson Group do?
The Pederson Group acquires land and develops, revitalizes, leases, and manages class "A" grocery-anchored retail shopping centers throughout Arizona. It operates a 27-property portfolio spanning more than 5,000,000 square feet, leasing space to national, regional, and local retailers and providing in-house property management, construction, financing, and development services.
Is The Pederson Group a public or private company?
The Pederson Group is a private company. It is classified as family owned and is currently operating.
When was The Pederson Group founded?
The Pederson Group was founded in 1983. It employs 11 to 50 people.
Where is The Pederson Group based?
The Pederson Group is headquartered in Phoenix, United States, in the North America region.
How does The Pederson Group make money?
Three revenue lines are on record. Retail Property Development is the primary driver. The others are leasing Services and property Management.
Who are The Pederson Group's main competitors?
Broad incumbents on record are Brixmor Property Group, Kimco Realty, Regency Centers, Federal Realty Investment Trust and Howard Hughes Holdings. Direct peers are Phillips Edison & Company, Weitzman, Vestar, Westwood Financial Corp and SRS Real Estate Partners.
Does The Pederson Group have an API?
No public API is recorded for The Pederson Group.
What industry is The Pederson Group in?
The Pederson Group's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management. Its NAICS code is 53112 and its SIC code is 6519.