SACRAMENTO-The Ultimate Marketplace-ShopSmart has leased a 108,263-square-foot freestanding retail building in Sacramento. Terranomics Retail Services, the retail division of BT Commercial, represented the tenant.
ShopSmart will be a unique indoor mini-mall that will feature hundreds of professional retailers who sell thousands of predominantly new products at bargain prices, according to a prepared statement. “It operates similarly to a swap meet in that if offers entrepreneurs the opportunity to open, grow and promote their business for a fraction of the price of and with far less risk as alternative options.”
James Teare, a senior vice president and partner at Cassidy Turley BT Commercial, who represented the tenant, tells GlobeSt.com that Sam’s club was vacant for six months and that Sam’s PW Inc. still owns the building, but he could not discuss lease terms at this time except to say that the deal is a sublease.
ShopSmart will take occupancy in July. The property is located at 7660 Stockton Blvd.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
