San Jose, Calif., July 8, 2014- SRS Real Estate Partners announced today that men’s clothier Jos. A. Bank has signed a ten-year lease for a 4,087-square-foot store in the Colonnade mixed-use development in Los Altos, Calif. Located at 4750 El Camino Real, Jos. A. Bank’s newest San Francisco Bay Area store is next door to Whole Foods and directly across from San Antonio Shopping Center, one of the largest malls in Mountain View and anchored by Wal-Mart, Trader Joes, Kohl’s, Safeway, Bevmo! and Ross Dress For Less. Jos. A. Bank plans to open in the Colonnade development later this year.
“We are very pleased to have signed up another high-quality national tenant for Colonnade. Jos. A. Bank will definitely add to the fabric of all the new development activity in this area where Los Altos, Mountain View, and Palo Alto converge,” said Jeff Smith, vice president with Sares Regis Group of Northern California.
Colonnade is being developed by Sares Regis Group of Northern California and Pritzker Realty Group. The multi-family project consists of 167 luxury apartments and almost 12,000 square feet of commercial/retail space including the 3,500 square feet currently occupied by the Vitamin Shoppe. Occupancy for the apartments is slated for late 2014. Two retail spaces remain available for lease, one with approximately 1,900 square feet and the other with 1,460 square feet.
Laura Tinetti of SRS Real Estate Partners represented Jos. A. Bank in the transaction. Randol Mackley and Steve Gazzera, also with SRS Real Estate Partners, represented the landlord, Sares Regis Group of Northern California.
About Sares Regis Group of Northern California
Sares Regis Group of Northern California and its affiliates, Regis Homes Bay Area and Regis Contractors Bay Area, are regional companies based in San Mateo, California, and are affiliated with Irvine-based Sares Regis Group. As leading developers and managers of commercial and residential real estate in the western United States, the companies have more than 6.5 million square feet of commercial properties valued at $500 million and over 2,800 residential units under development.
Sares Regis Group has a combined portfolio of property and fee-based assets under management valued at more than $4 billion, including 13,000 rental apartments and 15 million square feet of commercial and industrial space. Since its inception, the company has acquired or developed approximately 46 million square feet of commercial properties and 20,000 multifamily and residential housing units. For more information, please visit: www.SRGNC.com.
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in the U.S. exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and management services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit www.srsre.com/sfbayarea.