Quote:
Originally Posted by Arsenal14
Do you know what is going on with the retail space in Nuera/Alura (1st St. East between 13th & 14th Ave South)? I know the plan was to open that up once the second tower finished which should be later this year but I was wondering if know and can share any of the following:
1. What date they expect it to be available to a commercial tenant?
2. How many spaces there are - is it one large unit or several smaller ones?
3. Are there any retailers lined up yet or any interesting rumors?
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I’m office so in short no I don’t. Retail is extremely protective of their information so even if I was a retail broker I couldn’t share that information in a public forum like CP. Most major retailers have their own real estate departments who do a lot of planning and number crunching before they make a decision. It can take years to come to an agreement on the lease and brokers are restricted by confidentially agreements until everyone signs on the dotted line.
For example I list the office space in 20/20 (the new development in Mission along 4th street) and have no idea what’s going on with the retail portion of the building even though it’s been done within in our office.