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August 9, 2020
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Floor & Décor Signs Lease for 75k sf Build-to-Suit in Milpitas


Floor & Décor inked a 15-year lease for a 75k sf, build-to-suit retail facility in Milpitas. The project is at Sprig Center, a new retail center located at 1585 N. McCarthy Blvd, just south of Dixon Landing Rd and west of I-880.

Construction has already started on the new facility, with completion scheduled for the fourth quarter 2019. Sprig Center is being developed by McCarthy Ranch Limited Partnership and will also feature a Chevron Station with a car wash convenience store and Extra Space Storage facility.

Sean O’Carroll and Jack Lewis with NKF, along with Jon Schultz of CBRE, represented Floor & Décor, a leading specialty retailer in the hard surface flooring market.

“Floor & Décor chose the location due to its great freeway visibility and easy access to Hwy 880, Hwy 680 and Hwy 237. It provides the retailer with great connectivity to the entire South Bay. The location is just across Dixon Landing Road from one of the strongest Living Spaces stores in the chain where they draw a similar home improvement shopper,” said O’Carroll. According to NKF, Hwy 880 average daily traffic is 161,000 cars a day.

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