Revamped Glendora Shopping Center Opens Doors
- May 24, 2017
A new 70,500-square-foot neighborhood shopping center anchored by Sprouts Farmers Market and Marshalls is opening its doors this week in Glendora, Calif. JLL has inked three more leases on behalf of Champion Glendora, an affiliate of Champion Real Estate Co., bringing total occupancy to 85 percent. The redevelopment is slated for completion in July.
Creamistry, Oke Poke and Orangetheory Fitness have inked leases at the center located at 655 S. Grand Ave. and are all scheduled to open in October 2017:
- Handcrafted ice cream maker Creamistry signed a lease for 1,271 square feet. Scott Simcik and Shaun Kennedy of FGP Commercial Leasing represented the ice cream shop.
- Hawaiian restaurant Oke Poke leased 1,289 square feet. Minerva Baral represented the restaurant in the transaction.
- Orangetheory Fitness signed a lease for 3,497 square feet. Jesse Rehmeier of Retail Select Services represented the fitness center franchise.
JLL’s Shauna Mattis and Blake Kaplan are spearheading leasing efforts at the center and are currently in negotiations for another 8,200 square feet, which would bring occupancy to 97 percent. Other tenants include Coffee Bean and Tea Leaf. Remaining availability includes 2,500 square feet of space suitable for food and specialty retailers.
Champion Real Estate Company acquired the retail center in 2016 and is in the middle of a $32 million repositioning of the existing 85,615-square-foot property into a smaller 70,500-square-foot property. Located five minutes north of Interstate 210, the asset is just next to The Gables on 66 project, a new development under construction which includes 106 townhomes, 20 new single family homes and 2,000 square feet of retail. The center is also just minutes from Azusa Pacific University’s East Campus.
JLL is currently handling the management, leasing and disposition of more than 710 centers totaling 83 million square feet and has recently strengthened its Southern California retail practice with a new hire.
Image courtesy of JLL