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Closet Organizer Leases 22,228-SF Retail Space

CORTE MADERA, CA-The Container Store will open its second Northern California store at Corte Madera's Town Centre this spring. Broker Sandra Weck says that this lease shows that "retail companies are still bullish on the overall outlook of the economy.

By Michelle Savage | Updated on February 04, 2002

CORTE MADERA, CA-The Container Store, a storage and organization products retailer, has signed a 10-year lease to occupy a 22,228-sf retail space in Corte Madera. The rental rate of the transaction is confidential but similar spaces have been listed for $2.25 per sf per month, full service.

The Container Store, which is headquartered in Dallas, is currently building out the site at the Town Centre Corte Madera that was vacated by J.C. Penney. The store, which will be the company’s second Northern California location, is scheduled to open in June 2002. The company also has a Walnut Creek store.

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