Center Anchors include Kohl's, Cost Plus, Home Goods, Trader Joe's and Tilly's
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242,000-square-foot community center located at Elk Grove Boulevard and Bruceville Road
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Site was in escrow with anchor commitment when approved tenant left deal. Needed strong, regional-draw tenant for center to be successful.
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Wetlands ran through the middle of the property.
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Existing specimen oak trees restricted the site design of larger retailers.
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Concerned that the shopping center footprint would lack the critical retail mass and prove difficult to lease with only one strong anchor.
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Community improvements would need to be coordinated with homebuilder that owned all of the surrounding residential property.
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Kohl's was interested in the site, and due to strong relationships with the seller and the city, Donahue Schriber reentered the deal and closed on the land with Kohl's as the anchor.
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Donahue Schriber introduced a unique solution that minimized the impact to the wetlands and alleviated the need for a lengthy environmental approval process by bridging the site at three points and leaving the remaining natural elements in tact.
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Retained specimen oak trees and integrated them into the design of the center.
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Trader Joe's was brought in as second, regional-draw tenant allowing for the larger site to be leased and drawing in the weekly, necessity-based shopper.
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Donahue Schriber's strong relationship with Lennar, the homebuilder of the surrounding community, allowed for effective cost-sharing of community improvements and architectural design that seamlessly flowed from residential areas into commercial areas.
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The Kohl's store at Elk Grove Commons is consistently in the top-tier of sales within all of Kohl's Western region stores.
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Center is 98% leased.
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Tenant mix successfully marries the weekly, necessity-based shopper with the promotional retail shopper.
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Due to the strength of the market and merchandising of the center, Tilly's chose Elk Grove Commons as the site of their first Northern California store.
200 E. Baker Street, Suite 100, Costa Mesa, Ca 92626 Phone: (714) 545-1400 Fax: (714) 545-4222
