Managing a portfolio of retail properties in Palm Desert/La Quinta ranging from
Tenant/Landlord Representation: Rancho Mirage Marketplace
- Successfully leased 8 vacancies (14K SQ FT)
• Tenant/Landlord Rep: Monterey Shore Plaza
- Successfully leased 4 vacancies (34K SQ FT)
• Tenant/Landlord Rep: Jefferson Square
- Successfully leased 2 vacancies (5,000 SQ FT)
- Sold CVS for 4.2M
- Successfully entitled 5 acres for a mixed-use approval of residential
- Fully leased strip center to creditable tenants.
-Property Management and Marketing
- Landlord / Tenant Representation
- Contract Negotiation and Execution
- Client Relationship Management
Costco anchored retail center. Management of over 250,000 SF of retail storefront. Highly visible and freeway accessible, Monterey Shore Plaza is located in the Coachella Valley and ideally situated in a dominant retail intersection adjacent to Interstate 10. The location offers great exposure for essential retailers and service providers. It is well positioned to serve the 425,000 year round residents, 150,000 snowbirds and 3 million tourist annually.
Gelson's anchored retail center. Management of over 50,000 SF of retail storefront. Rancho Mirage Marketplace is a neighborhood shopping center with excellent exposure to ±43,100 combined ADV at a signalized intersection.
Over 10 leases signed.
CVS Sold at $4.2M - Represented Landlord
Highly visible, signalized intersection of Jefferson Street and Fred Waring Drive. Coachella Valley's highest volume Dutch Bros Coffee location at site. Along with representing the sale of this property, Value Add Retail was once a partner involved in the acquisition of Jefferson Square which has sold a retail building at $1.875M as well.
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Monterey Shore Plaza is anchored by Costco Wholesale and
is located in the Coachella Valley, ideally situated in a dominant retail intersection adjacent to Interstate 10. The location offers great exposure for essential retailers and service providers. It is well positioned to serve the 425,000 year round residents, 150,000 snowbirds and 3 million tourist annually.
Co-Tenants: Costco, VA Outpatient Clinic, Arizona Tile, Dollar Tree, Glossy Swimwear, Patio Place, and more Monterey Shore Plaza services the area of Palm Desert that is experiencing rapid expansion. Located near the new recently opened Acrisure Arena, bringing additional sporting/entertainment to the area along with Cotino, the extensive mixed use development by Disney. Several major residential developments are underway and scheduled to be complete in the coming years.
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