Clevron Commercial Closes on Three Retail Sites in California

SACRAMENTO, FAIRFIELD AND DANVILLE, CALIF. — Clevron Commercial has closed escrow on three sites located in Sacramento, Fairfield and Danville. The company plans to develop new retail centers on each site ground breaking slated to occur in the next 30 to 40 days.

The properties include 1229 Howe Ave., a former TGI Fridays, in Sacramento; a vacant lot at 2700 N. Texas Ave. in Fairfield; and a site the intersection of Railroad Avenue and Church Street in Danville.

Leasing for the Sacramento and Danville locations is being handled by Ariel Fox at Retail West, while leasing for the Fairfield project is being handled by Adria Giacomelli of Newmark Cornish and Carey. Clevron Commercial is a co-venture of Urban West, Tate Diversified Development and Pegasus Development.

West Coast Commercial Real Estate News