TMCnet News
Station Park Announces New and Relevant National and Local Brand PartnersStation Park, the unique and preeminent specialty retail, dining, office and community-oriented complex, is excited to welcome several new retailers to the development located 15 miles north of downtown Salt Lake City. The new national and local brands will replace retailers that are leaving Station Park due to nationwide store closures. "As a result of the revolution in the retail cycle, some retailers are experiencing decreased earnings and nationwide store closures," notes Chris Byers, senior vice president of leasing at CenterCal Properties. "While we are sorry to see these companies leave Station Park , we're adding relevant, strong and sought-after brands to answer the changing needs of surrounding communities." New stores at Station Park cover a wide range, including:
"At Station Park, we work closely with our tenant partners to offer competitive leasing, beautiful facilities and support to bolster the company's success and mission. Ultimately, this cultivates an atmosphere that brings people together," said David Anderson, general managerof Station Park. Since its opening four years ago, Station Park has brought more than 100 businesses to Davis County and communities that surround it. Station Park is comprised of more than 900,000 square feet of retail, dining and office space. Upon completion of the final phase, Station Park will comprise a total of 1.2 million square feet of space. "No property is immune to the current distressing shifts occurring in brick-and-mortar retail," said Fred Bruning, CEO of CenterCal Properties. "Our aim is to continuously review and monitor those shifts, so that we can bring together the businesses that our visitors will love." About CenterCal Properties, LLC CenterCal Properties, LLC, founded in 2004 by Fred Bruning and Jean Paul Wardy, is a full-service commercial real estate company in the business of investing, developing, leasing, and managing its projects. CenterCal excels in, and is best known for, creating destinations throughout the western United States with a unique strategy of "placemaking," which emphasizes the importance of developing spaces with a sense of community. Bruning and Wardy's creative vision and passion for development, coupled with CenterCal's internal expertise, are evident in the properties the company owns and operates today. In the Pacific Northwest those include: Bridgeport Village, Cascade Station, Nyberg Woods and Nyberg Rivers in Oregon, and Valley Mall and The Trails at Silverdale in Washington. The Inner Mountain State properties include: Station Park and Canyon Corners in Utah, and The Village at Meridian and Treasure Valley Marketplace in Idaho. California is home to: The Veranda, Blackhawk Plaza, The Collection at Riverpark, and Plaza 183. Projects currently under development include The Village at Totem Lake and The Terminal at Ballard in Washington, Mountain View Village in Riverton, Utah, The Waterfront in Redondo Beach, and 2nd & PCH in Long Beach, California. For more information on all of CenterCal's properties, please visit www.centercal.com. CenterCal Properties is a retail development joint venture partner of California State Teachers Retirement System (CALSTRS), and is one of the most active retail developers in the United States. Currently the company has millions of square feet in various stages of development.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180716005851/en/ |
