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ALHAMBRA, CA-A new 17,750-sf retail center called The Shops at The Alhambra has opened at the 1 million-sf office development known as The Alhambra, with the 2.2-acre retail project expected to draw customers both from the office development and from nearby neighborhoods. The $10 million retail is adjacent to a soon-to-be completed, 98,000-sf Kohl’s Department Store situated on 4.7 acres that Kohl’s purchased from The Ratkovich Co. in June.The Shops at The Alhambra occupies a site on Fremont Avenue immediately north of Mission Avenue, with a tenant list that includes Starbucks Coffee, Jamba Juice, Nextel, Subway, Red Brick Pizza and Pickup Stix. Wayne Ratkovich, president of The Ratkovich Co., which is the owner and developer of both the new retail complex and the Alhambra office campus, calls the new retail center “the first step in transforming The Alhambra from an office campus into a true urban community.” Other plans for the office campus include a fitness center, housing and a day care center.The Alhambra’s retail venue was designed by architect Alan Pullman with Studio One Eleven. In addition to the retail buildings, The Shops includes an open-air plaza with seating for 165, a Moroccan tiled fountain and five Canary Island palm trees. The leasing agent for the retail property is Robert Walsh of Cypress Retail Group, who says he expects the center to be fully leased within about 60 days.The Alhambra office development is home to such tenants as the USC Keck School of Medicine, The County of Los Angeles Sheriff’s Department and Department of Health Services, Tenet Healthcare and Southwest Administrators, among others. Ratkovich initially purchased the Alhambra in late 1999 from Santa Fe International, which had acquired it as part of its acquisition of the CF Braun Co. Braun occupied the site as its international headquarters for more than 60 years. As reported previously on GlobeSt.com, The Ratkovich Co. and Cigna Realty Investors refinanced the development earlier this year with a $98.6-million loan from Mass Mutual Financial Group.

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