Family-Owned Bakery Deepens Roots in Phoenix with Property Purchase
La Purisima purchases property to expand multi-generational business in Phoenix
PHOENIX — After more than 40 years of satisfying Phoenicians’ appetites for mouth-watering pastries, tortillas, empanadas, tamales and more, La Purisima Bakery will own another of its three locations with the purchase of a building at 2441 E Indian School Road, positioning the bakery for the next phase of growth and operations.
The newly purchased space, located just a block from the current storefront in Camelback East, will allow for more on-site baking, a move that will free the team from transporting goods from its Glendale location and improve overall efficiency. Financing was facilitated by Todd Russell with Western Alliance Bank
Known for its colorful conchas, traditional Mexican breads and welcoming, community-focused spirit, La Purisima Bakery has leased a bakery in Phoenix for 13 years. The purchase means La Purisima will now own two of their three Valley locations, an exciting milestone for the multigenerational business founded in 1983 by Juan and Marciela Arellano.
“We’ve been renting in the Camelback East neighborhood for over a decade, and we knew it was time to invest in a place of our own,” said Irma Arellano, general manager of La Purisima. “This move gives us the space to grow and continue sharing our traditions, our flavors and the love we put into everything we bake. We’re incredibly proud to reach this milestone. We are grateful to the Western Alliance Bank team, who were very responsive and provided hands-on support to help us move quickly in a competitive market.”
For more information about La Purisima Bakery, visit www.purisimabakery.com. To learn more about commercial real estate and small business financing through Western Alliance Bank, visit www.westernalliancebank.com.
Western Alliance Bancorporation
With more than $85 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director and receiving #1 rankings on Extel’s (formerly Institutional Investor’s) All-America Executive Team Midcap Banks 2024 for Best CEO, Best CFO and Best Company Board of Directors. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.
