Redmill Capital Set to Break Ground on ‘The Shops at Livermore,’ 115,000 SF Mixed-Use Retail Center

RedMill Capital , American National, Colliers International Group, American National Insurance Company, ANICO Eagle LLC, San Francisco, Bay Area

RedMill Capital , American National, Colliers International Group, American National Insurance Company, ANICO Eagle LLC, San Francisco, Bay Area

Colliers International is Aggressively Marketing Retail Center Adjacent to Premium Outlets

LIVERMORE, CA – May 18, 2017 – RedMill Capital and its financial partner, ANICO Eagle LLC, a subsidiary of American National Insurance Company, are officially turning the first shovel of dirt later this month signaling the start of construction on ‘The Shops at Livermore,’ their much-anticipated 115,000-square-foot mixed-use retail development located in one of the most upscale suburbs of San Francisco’s East Bay.

Marketed by a Colliers International team of retail leasing experts and led by Executive Vice President Julie Taylor and Senior Vice President Stephen Rusher, both based in the brokerage firm’s San Francisco office, The Shops at Livermore will be located immediately adjacent to the extraordinarily popular San Francisco Premium Outlets. The new center is slated for completion in Summer 2018.

Located at the intersection of El Charro Road and West Jack London Boulevard, shoppers and diners will access the center at the same traffic light leading to the existing outlet mall, along with two additional entrance lanes off West Jack London Boulevard.

Comprised of a variety of discount fashion retailers and a mix of popular, national-brand, quick-service and casual sit-down restaurants, the Shops at Livermore are being built on 13 prized acres adjacent to the existing center, which is among the most-visited outlet malls in the U.S., according to development officials.

“The Shops will take advantage of the 4 million-plus shoppers who visit the existing outlet mall each year, and, although owned by completely separate entities, the two centers will be seamless, each looking like an extension of the other,” said RedMill Development Director Jon Stocker. “We are picking up where the outlets left off by providing not only premium fashion brands, but also a wide variety of great restaurants, entertainment venues and recreational opportunities.”

The Shops will provide numerous site amenities that the outlets do not, including outdoor seating, pedestrian friendly cross-walks leading directly to the outlets, and a new link to the Arroyo Trail, a popular recreational area in the East Bay. The project is slated to open in Summer 2018.

“We are very excited to start construction on this project,” said Stocker. “Building on the momentum created by the world-famous San Francisco Premium Outlets, we are pleased with a fabulous line-up of tenants and great restaurants ready to open next door.”

More information can be supplied to interested tenants by Colliers’ Taylor and Rusher in the brokerage firm’s San Francisco office, who are leading the five-person marketing team for the center.

About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ and TSX: CIGI is an industry leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

About RedMill
RedMill Capital, based in Summit, N.J., is a privately owned real estate development firm with expertise spanning some 25 years in mixed-use and retail development. RedMill focuses on the development of upscale, institutional-quality, mixed use and retail centers in the United States. For more information visit the company’s website at www.RedmillCapital.com.

About American National
American National Insurance Company (American National), headquartered in Galveston, Texas was founded in 1905. American National is licensed to conduct the business of insurance in all states except New York. The firm and its subsidiaries offer a broad line of products and services which include life insurance, annuities, health insurance, credit insurance, pension products, and property and casualty insurance for personal lines, agribusiness and commercial exposures. Additionally, American National owns a portfolio of properties throughout the United States. For more information, including company news and investor relations information, visit the Company’s website at www.AmericanNational.com.

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