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3/12/24
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Babe’s Smokehouse and Tavern inked a lease for 2.3k sf of space with an additional 850 sf patio at Canopy at Citrus, a newly built 25.2k sf retail center in Indio. The center is located at 49730 Jefferson St, just south of Hwy 111.
Founded by Donald Warren Callender of Marie Callender’s restaurant, Babe’s Smokehouse and Tavern restaurant is scheduled to open in the fourth quarter of this year.
The signing of Babe’s Smokehouse and Tavern brings Canopy at Citrus to 100% leased. In the past 12 months, the center has added several new tenants including a modern, state-of-the-art Ralphs Fuel Center, Mechanics Bank, Chipotle, Coral Sushi, Ryan Ryan Fine Jewelry & Gift Bar, Modern Hippie Interiors, Jersey Mike’s, Cork & Fork, the desert’s long time hit Keedy’s Restaurant, and Sumo Dog. The Canopy is a new phase adjacent to the Ralphs and CVS anchored Citrus Plaza.
“Our plan has always been to create a unique experience with Canopy at Citrus where the community is excited about visiting and feels welcomed,” said Bob Lichter, of Lichter Equities and developer of the center. “Babe’s Smokehouse and Tavern is the perfect fit and final piece to creating a premier center for the fast growing region.”
JLL’s Brian Quinn represented the landlord, Canopy L.P., in the lease. The center is managed by Reef Real Estate Services.
According to JLL’s United States Retail Outlook, vacancy currently sits at 4%, the lowest since 2007 with rents continuing to rise.
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