Three Tenants Sign Leases at CityLine Sunnyvale

CityLine Sunnyvale, Sunnyvale, Cushman & Wakefield, Newmark Knight Frank, Hunter Storm, Sares Regis

Ulta Beauty, Kids Care Dental & Orthodontics, and Xfinity Will Occupy Downtown Retail Space

SUNNYVALE, CA – MARCH 12, 2020 – CityLine Sunnyvale has signed three new leases with retail tenants in the heart of downtown Sunnyvale, bringing Ulta Beauty, Kids Care Dental & Orthodontics, and Xfinity to the master-planned, pedestrian-oriented, mixed-use district. The dental, technology, and beauty storefronts are expected to open in late 2020. When complete, CityLine Sunnyvale will feature new residences, shopping, entertainment options, and office space planned across 36 acres in downtown Sunnyvale. All three retail locations are within short walking distance to Caltrain.

At the corner of W. McKinley and Murphy Avenues, Ulta Beauty will be located in an approximately 10,400-square-foot, ground-level space in a building also occupied by Target and Salon Republic. This prime location is directly adjacent to the new AMC Theaters and Whole Foods Market which are slated to open in Spring and Summer 2020, respectively.

Kids Care Dental & Orthodontics will occupy a 3,300-square-foot storefront at 300 W. Washington Avenue on the ground level of The Flats, a fully occupied, 198-apartment luxury community. A previously announced Namaste Nail Sanctuary will also operate out of the building.  

Xfinity will occupy approximately 5,400 square feet of ground-level retail space at 301 W. McKinley Avenue beneath another building of The Flats. A previously announced AT&T retail store will operate out of the same building.

“The signing of these three businesses is another important step in the development of CityLine Sunnyvale and shows that we’re well on our way to activating this new extension of downtown,” says Deke Hunter, Managing Member of Hunter Storm. “We’re working to expand and grow this district into a well-rounded, vibrant area with new retail, housing, and office space, and it’s exciting to see the neighborhood begin to take shape and become a reality.”

Kids Care Dental & Orthodontics was represented by James Chung of Cushman & Wakefield, Ulta Beauty was represented by Sean O’Carroll and Cece Vohs Cimino of Newmark Knight Frank, and Xfinity was represented by Matthew Lux of Beta Agency. James Chung, Nicole Lyon, and Marisa Organo of Cushman & Wakefield represented CityLine Sunnyvale in the deals.

With Phase I of CityLine Sunnyvale nearing completion, progress is being made on entitling Phase II, which will expand the scope and scale of the downtown development. Once approved, Phase II will bring additional retail, office, and residences to downtown Sunnyvale.

With nearby public transit options, the area is an ideal location for those commuting to work from across the Bay Area.

CityLine Sunnyvale was acquired in late 2015 by STC Venture LLC, a joint venture between affiliates of Hunter Storm and 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. 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.  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.

ABOUT HUNTER STORM:
Hunter Storm, the development arm of Hunter Properties, is a commercial real estate development firm with an emphasis on ground-up construction, repositioning of assets, and value-add improvements. Hunter Properties was founded in 1960 and the current partners, Deke Hunter and Edward Storm formed Hunter Storm in 1986, with Curtis Leigh joining the team in 2004. The company enjoys a strong track record by focusing its efforts locally with all major projects located in the San Francisco Bay Area. This allows the principals to leverage their market knowledge and expertise evenly across three product disciplines. Recent award-winning projects include Crossing 900 in downtown Redwood City, @First in San Jose which is a mixed-use project of over 1 million square feet, Bass Pro at Almaden Ranch and Village Oaks.

CityLine Sunnyvale, Sunnyvale, Cushman & Wakefield, Newmark Knight Frank, Hunter Storm, Sares Regis
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