Alameda, Calif. (April 21, 2014) – Jamestown, a leading national real estate investment and management firm, has announced that Alain Pinel Realtors, the largest Bay Area based residential firm, has signed a five-year lease for a new 1,943-square-foot office at Alameda South Shore Center. The new office will open in late spring, located in suite 735 across from Daiso.
“With many of our associates already living and working in the City of Alameda, it seemed the obvious next step, to bring our technology and marketing expertise to a top quality location in Alameda, one of the most desirable communities in the East Bay,” said Phil Weingrow, vice president office manager at Alain Pinel Realtors, noting that Alameda offers hometown charm and a wide variety of retail and recreational opportunities, contributing to a wonderful quality of life.
“Alameda’s close proximity to San Francisco and reputation for quality schools, is generating activity in the residential real estate market here,” noted Julie Taylor, senior vice president at Cornish & Carey Commercial Newmark Knight Frank, who handled the lease transaction for Jamestown along with associate Stephen Rusher.
Located at 523 South Shore Center West in Alameda, CA, Alameda South Shore Center is a 594,000-square-foot open-air shopping destination that features a variety of nationally known and local retailers and restaurants. The center has a long-standing presence in the City of Alameda and is a local gathering place for residents and visitors in the Bay Area.
Founded in 1983 with headquarters in Atlanta, Ga. and Cologne, Germany and offices in New York City, San Francisco, Ca. and Washington, D.C., Jamestown is a leader in acquisitions and value added management. Over 30 years, Jamestown has generated approximately $8 billion in strategic investments. The company is focused across the risk spectrum with core, core-plus and opportunistic funds in two primary markets: 24-hour cities and Sunbelt territories with strong demographic growth. For more information visit www.jamestownlp.com.
About Alain Pinel Realtors
Alain Pinel Realtors (APR) is the largest privately-owned and independent residential real estate company in California. APR is the fifth largest residential real estate firm in the United States based on its closed sales volume, and is consistently ranked in the Top 10 firms in the country. The firm has nearly 1,400 agents in its 32 offices throughout the Bay Area and beyond. Celebrating almost a quarter century in Bay Area real estate, APR was founded in 1990 by CEO and President Paul L. Hulme, and is based in Saratoga, Calif. For more information about APR, please visit our website at apr.com.
About Alameda South Shore Center
Alameda South Shore Center is an established, 594,000-square-foot open-air shopping center located in the East Bay community of Alameda, Calif. The only major shopping center on the 23-square-mile island, the recently renovated property is home to a variety of national and local retailers and restaurants, seasonal “pop-ups,” including Pedal Beach, a bike and beach supply rental shop, and Off The Grid @ Alameda, a weekly mobile food truck market. South Shore Center also features an exciting array of family-friendly events. The center has maintained its prominence as a thriving retail and recreational destination for more than 50 years. For more information, visit www.alamedasouthshorecenter.com.