170,000-SF Shopping Center Breaks Ground

TRACY, CA-Regency Centers, a national owner, operator and developer of grocery-anchored shopping centers, has finally broken ground on a $20 million shopping center project that has been in the planning stages for three years.

Corral Hollow Shopping Center, a 169,352 SF center, is scheduled to be complete by March of next year. The center is located at the intersection of Corral Hollow and West Eleventh Street.

Tom Engberg, senior vice president of investments for Regency’s northern California branch, tells GlobeSt.com three major tenants anchor the shopping center. All three have signed long-term leases. Safeway has signed a lease for 65,712 SF, Orchard Supply Hardware committed to 49,103 sf, and a third major tenant has negotiated a deal for 21,849 sf. The third tenant will be announced after the lease is signed next week.