LOS ANGELES, CA – Wilson Commercial Real Estate, one of Southern California’s leading retail brokerage firms, has completed three leases with Hobby Lobby totaling 227,450 square feet of retail space. Each of the leases is for buildings formerly occupied by Mervyns. Currently, Hobby Lobby has 491 stores in 41 states.In each transaction, Scott Burns (middle left photo) and Shauna Mattis (top right photo) of Wilson Commercial Real Estate represented the landlord, Inland Western MDS Portfolio, LLC, a wholly owned subsidiary of Inland Western Retail Real Estate Trust, Inc. with Lea Clay Park and Solomon Ets-Hokin of Studley Retail Services representing Hobby Lobby.
“Hobby Lobby is relatively new to the California market, opening its first store in Visalia in December 2010 with these three stores opening next in the state,” said Burns.
Hobby Lobby signed a 10 year lease for 76,211 square feet of retail space at Palm Plaza Shopping Center located at 26443 Ynez Road in Temecula.
Hobby Lobby signed a 10 year lease for 74,991 square feet of retail space at Terra Vista Town Center located at 10640 Foothill Blvd. in Rancho Cucamonga.
Hobby Lobby signed a 10 year lease for 76,248 square feet of retail space at Placer Center Plaza located at 1815 Douglas Blvd. in Roseville. Chris Campbell of CB Richard Ellis’ Sacramento partnered with Wilson Commercial on this deal.
For more information, please visit http://www.wcre.net/.
Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351
(c) 949.278.7851, david@ebelingcomm.com
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