Last Updated: July 28, 2010 05:54pm ET

Ark To Manage 424,884-SF Center

Disable this ad

Sign Up for the California AM Alert

Join the thousands of real estate professionals that subscribe to the California AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market intelligence and a daily business advantage.

Become a registered member today and don’t miss another important story in the California market. Let GlobeSt.com be your source for everything real estate.

Lake Elsinore MarketPlace

LAKE ELSINORE, CA-ARK Management has been selected to manage the 424,884-square-foot Lake Elsinore MarketPlace, a center here. Lake Elsinore MarketPlace is a class A retail property anchored by Lowes, Costco, PetSmart, Staples and Bed, Bath & Beyond, and is currently 99% occupied. 

“Lake Elsinore MarketPlace is a flagship for our company and reflects the type of project our firm is pursuing,” says CJ Stos, co-owner of ARK Management. “This was a highly competitive bid process and we were selected due to our hands-on approach and value enhancement we provide to our clients.” The exclusive marketing representatives for Lake Elsinore MarketPlace are Don Moser and Ryan Rogers of Retail Insite.

The additional tenants include Archibald’s, AT&T, Chili’s, Coffee Bean and Tea Leaf, Del Taco, Dollar Tree, EZ Lube, Great Clips, Juice It Up, Kirklands, Kut N Beauty, Marketplace Dental, Maui Hawaiian BBQ, My Day Tan & Spa, Panda Express, ProfessioNail, Submarina, Susie’s Deals, Taco Del Mar, USA Credit Union, Wells Fargo Bank and Wendy’s. The property also has a pad space available for a freestanding 3,000-square-foot to 3,500-square-foot retail building with a drive-thru.

“After reviewing bids from several national firms, we selected ARK Management due to its recent growth success, as well as the personalized service it can provide to this thriving power center,” says Don Howells, co-founder of Abrams & Howells Development. “Since we are focused on tenant retention at Lake Elsinore MarketPlace, this new management team will continue to hold regular events to increase the traffic to the center, as well as provide activities for the surrounding community.”

Lake Elsinore MarketPlace is located directly off Interstate 15 at Central Avenue in Lake Elsinore, CA. Abrams & Howells Development LLC is the developer/owner of the power center, which was completed in 2006.

Categories: West, Retail, Inland Empire

Comments+ Add your comment

Be the first to comment on this post using the section below.

Post your comment

You must be registered to post a comment. Click here to register.

Log in

If you have already registered to GlobeSt.com, please use the form below to login. When completed you will immeditely be directed to post a comment.

Featured Advertisers

User's Choice

Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

Property Alert

Post Your Property