Opus West describes the center, which is expected to becompleted in late summer 2008, as an answer to the growingpopulation and upscale demographics in this Inland Empirecommunity. Opus has sold 12.5 acres to anchor tenant Lowe's and 4.5acres to the Ayres Hotel Group for development of the hotel.
In addition, Toys R Us recently signed a lease for a 64,000-sfToys R Us/Babies R Us combination store, while Lucille's SmokehouseBBQ has signed a 10,000-sf lease.
Kyle Dorand, senior manager of real estate development for OpusWest, says that the tenant mix for the project "is coming togetherbetter than we ever anticipated." He cites the region's "increasingdemand for premier national and specialty retailers as well asupscale and casual dining."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
