WALNUT CREEK, CALIF. – Transwestern today announces it negotiated a lease for Dollar Tree Inc. in the Park Street Landing shopping center at 2317 Blanding Ave. in Alameda, California. The national discount store chain will occupy 8,000 square feet it leased from O’Reilly Auto Parts. Transwestern brokered the transaction on behalf of The Restatement of the Wingate Revocable Trust, which owns Park Street Landing. The center is now 100 percent occupied.

“This lease is another great example of the synergistic tenant mix at Park Street Landing,” said John Sechser, Transwestern senior vice president and director of retail operations. “We expect Dollar Tree to greatly increase customer traffic while also benefiting from the center’s existing customer base.”

Park Street Landing has approximately 38,400 square feet of retail space at the Park Street Bridge. Its anchor tenants include O’Reilly Auto Parts, Enterprise Rent-A-Car and H & R Block. Dollar Tree, based in Chesapeake, Virginia, is a Fortune 500 company that operates more than 4,900 stores in the 48 contiguous U.S. states, as well as Canada.
 
Sechser and Retail Associate Colby Mikulich in Transwestern’s Walnut Creek office represented the property owner. Sandra Weck and Reesa Tansey of Colliers International represented the tenant.

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern.

 

Media Contact:
Dina (Simoni) Gouveia
925.357.2023
dina.simoni@transwestern.com