Power Plaza sits next to the Vacaville Premium Outlets, which includes more than 120 stores.
VACAVILLE, CA—The 2019 holiday shopping season is fast approaching and despite more high-profile retail bankruptcies this year, not all shopping centers are suffering. Take the newly refurbished and re-positioned Power Plaza in Vacaville as a prime example.
Though largely neglected for several years, the center was purchased late last year by ProEquity Asset Management, a commercial real estate investment firm willing to invest in retaining existing anchors Sprouts Farmers Market and Restoration Hardware Outlet as well as lure a major new anchor to the property.
This week, ProEquity and its leasing agent, JLL, did just that by securing a lease for 17,500 square feet at Power Plaza with Williams-Sonoma Home Outlet. The store will be the first Williams-Sonoma Home Outlet on the West Coast.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
