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SACRAMENTO NEWS
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Sacramento Retail Shaping Up with Fitness Club Lease

7/16/12

We’ve got a couple of Sacramento-area retail deals to report. In one, Best Supplement (dba Fitness System West Sacramento) inked a lease for 24.7k sf of end cap space in West Sacramento. The space is located 2531 Evergreen Ave.

Open 24 hours, the club includes weights, a cardio room, aerobics room, locker rooms and child care. The same tenant also currently operates a very successful Fitness System club in Lodi. Shaun Morrow with Terranomics Retail Services represented the tenant and the landlord, Ramos Trust, in the transaction.

In the Sacramento Valley, Starbucks signed a pair of lease transactions for two new coffee house locations. Starbucks signed a new lease for a 2.2k sf freestanding building at Greenback Square neighborhood shopping center in Citrus Heights. Located at 8027-8085 Greenback Lane, Greenback Square is owned by Inter-Cal Real Estate Corporation.

Starbucks also inked a new 1.8k sf lease in Granite Bay at 4033 Cavitt Stallman Rd, within a freestanding building formerly occupied by Wendy's that Starbucks will co-tenant with another retailer. The building is owned by Howe-El Camino, LLC.

James Teare, SCLS, Blair Wheatley and James Chung with Terranomics Retail Services represented Starbucks in the deals. Both transactions from the popular coffee company are long-term leases and commence in November 2012.





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