Former Home Depot Property Sold to Walmart in Salinas

Salinas, CA - December 4, 2008 - Patrick McGaughey and Sam Finne with Terranomics Retail Services have successfully represented Home Depot in the sale of its former 102,180 square foot building and 28,336 square foot garden center at the Harden Ranch Plaza in Salinas to Walmart. The property sold for an undisclosed price. Home Depot had relocated to Boronda Crossings, a new shopping center on the west side of the freeway, two years ago.  Walmart does not yet have an official opening date for their new store.

Harden Ranch Plaza is situated at the SEC Boronda Road and San Juan Grade Road. Co-tenants of the project include Target, Bed Bath & Beyond, Party City and Marshall's. The property sits on a primary retail arterial directly across from the Northridge Mall, with close proximity to Westridge Shopping Center and Santa Rita Plaza.

Chipotle Opening New Location in Palo Alto Along El Camino Real

Palo Alto, CA - December 4, 2008 - Sharon Carmichael and Michael Seigel with Terranomics Retail Services represented specialty food chain Chipotle Mexican Grill in a new retail lease at 2675 El Camino Real in Palo Alto. Chipotle plans for an opening in the second quarter of 2009. This is one of many new recent locations selected in the Bay Area by Chipotle, as it successfully continues its goal of expanding locations. Chipotle, the world's leading restaurant supplier of naturally raised meats, opened its first restaurant in 1993 and currently operates more than 670 restaurants.

Las Plumas Plaza Pumps Up Tenancy with New Lease to Anytime Fitness

Oroville, CA - December 4, 2008 - Mike Cattuzzo with Terranomics Retail Services along with Greg Margetich with NAI BT Commercial Sacramento have brokered the lease of 5,000 square feet of in-line space at the Las Plumas Plaza located at the NWC Oro Dam Boulevard and Veatch Street in Oroville to new tenant Anytime Fitness. Cattuzzo and Margetich represented the Plaza's owner, Beverly Hills-based Oroville Plaza Shopping Center, LP. Las Plumas Plaza is co-tenanted by major retailers such as Food Maxx, Big 5, Long's Drugs, Radio Shack, and Payless Shoe Source. Anytime Fitness is scheduled to open to members this December.

Panda Express Opening at Rose Pavilion in Pleasanton in Q1-2009

Pleasanton, CA - December 4, 2008 - Sharon Carmichael and Michael Seigel with Terranomics Retail Services exclusively represented Panda Express in a new lease of 2,285 square feet of end cap space at the Rose Pavilion shopping center located at Santa Rita Boulevard & I-580 in Pleasanton. The Pavilion is owned by Centro NP Rose Pavilion, LP. Panda Express is scheduled for occupancy in the first quarter of 2009.

Stretch the Imagination Expands its Locations to Include The Mark etplace

Corte Madera, CA - December 4, 2008 - Jennifer Hibbitts and Meghann Martindale with Terranomics Retail Services have teamed up to represent both parties in a new lease of 2,283 square feet of end cap retail space at The Mark etplace shopping center situated on Tamal Vista Boulevard in Corte Madera. Hibbitts represented the landlord, IJ Mark etplace, LLC, in the transaction, and Martindale represented the tenant, Stretch the Imagination, LLC. Stretch the Imagination focuses on the exploration of art, yoga and music for children. The Marketplace is also tenanted by Any Mountain, Izzy's Steakhouse, Book Passage, and Jenny Craig.

Yogurtland Serves Itself a New Store at Pleasant Hill Crossroads for 2009

Pleasant Hill, CA - December 4, 2008 - James Chung with Terranomics Retail Services has represented Yogurtland in a new lease of 1,831 square feet of in-line space at the Pleasant Hill Crossroads shopping center located at Monument Boulevard & I-680 in the city of Pleasant Hill. The center is owned by ICI Development Company. Yogurtland, a self-serve frozen yogurt shop, is scheduled for occupancy March 2009. Its store will consist of its contemporary interior design featuring classic colors, bistro-style counter top tables, and glass walls.

Subway Among New Key Retailers Coming Soon to Theater Square in Petaluma

Petaluma, CA - December 4, 2008 - Mark Koenig, John Schaefer and Jennifer Hibbitts with Terranomics Retail Services have brokered a 1,246 square foot lease between landlord Basin Street Properties and tenant Subway at Theater Square in downtown Petaluma. Theater Square is a mixed-use pedestrian-oriented plaza in the newly vitalized Theater District of Petaluma. Koenig, Schaefer and Hibbitts represented Basin Street Properties, while Koenig and Schaefer represented Subway in the transaction. Additional retailers coming soon to Theater Square - which also incorporates brand new office space plus residential - are Planet Beach, Harmony Yogurt and High Tech Burrito. Subway is scheduled for tenancy in the first quarter of 2009.

Little Caesars Adds New Location in East San Jose

San Jose, CA - December 4, 2008 - Jon Stansbury with Terranomics Retail Services has represented Little Caesars in a new lease of 1,633 square feet of pad space at 2811 Story Road in east San Jose, just one block east of Capitol Expressway. The landlord, Home Depot, was represented by John Kovaleski and David Buchholz of Colliers International. The Home Depot Outparcel also features tenants Mexico Bakery and Rosa Dental.

Image Sun Tanning Up at Fowler Shopping Center This Winter

Grass Valley, CA - December 4, 2008 - Meghann Martindale with Terranomics Retail Services in conjunction with Grubb & Ellis Gundaker Commercial have represented Briase, Inc. dba Image Sun in a new 1,593 square foot lease at the Fowler Shopping Center located on Nevada City Highway in Grass Valley. The Center is owned by Fowler Center, LLC. Image Sun will open in early December.

Scottrade, Inc. Deals Up Lease at Villa Square in San Mateo

San Mateo, CA - December 4, 2008 - Meghann Martindale and Annie Jabuka with Terranomics Retail Services have represented Scottrade, Inc. in a lease of 1,532 square feet of in-line space at Villa Square in San Mateo. Scottrade, one of the largest online brokerages in the US, is scheduled to open January 2009. Villa Square, a neighborhood retail center, is located on major thoroughfare El Camino Real and owned by Gallaher Investment, LLC.