SAN FRANCISCO-LandMark Retail Group recently opened three CVS/pharmacy stores in San Francisco. In the past 12 months, the firm has completed 13 stores throughout California with plans to open four more this year.
The firm tells GlobeSt.com that the four other stores this year will be located throughout the State.
For the three norcal stores, the first is located at 351 California St. at the southeast corner of California and Sansome streets. The lot totals 11,553 square feet and the building totals 9,009 square feet. The total project cost nearly $2.1 million. The store opened after just five months of construction.
“This CVS store occupies a ground-level retail space in a mid-rise office building within San Francisco's financial district making it the perfect location to serve the needs of the workforce in the 28.8 million square feet of office, including the Embarcadero located conveniently near the store,” says Holly Grzywacz, COO and director of development for Landmark Retail Group. “The store also serves hotel patrons and is easily accessible from the Embarcadero Bart store and California-Van Ness cable car line.”
The second CVS/pharmacy property is located in the Twin Peaks neighborhood at 701 Portola Dr. The store totals 9,713 square feet including 7,028 square feet of first floor retail space and 2,685 square feet of mezzanine space and sits on a 7,867-square-foot lot. This is the first ground-up development completed for CVS in San Francisco and the total project cost about $4.5 million. LandMark completed construction in less than 10 months. The store's location previously housed a service station and offers excellent visibility and access from all directions. LandMark worked hand in hand with the community, city staff, and planning commission to transform a blighted corner into a successful new CVS/pharmacy that will benefit the surrounding residential community.
The third property is located downtown at 581 Market St. between Second Street and Ecker Place. The store totals 8,010 square feet including 6,343 square feet of first floor retail space and 1,667 square feet of mezzanine space and is situated on a 7,750-square-foot lot. LandMark completed construction in four months with total project costs totaling about $1.61 million. The new store occupies a long-vacant space on the ground floor of a three-story building originally constructed around the turn of the century and updated in the 1990s.
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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.
