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Family Hardware Chain Relocates Store

MISSION VIEJO, CA-DeNault's, a seven-store chain based in San Clemente, Calif., signs a long-term lease to move its 12,0000-sf Santa Margarita, Calif. store to Trabuco Hills Center.

By Bob Howard | Updated on September 03, 2002

MISSION VIEJO, CA-DeNault’s TrueValue Hardware, a seven-store chain based in San Clemente, Calif., signed a 10-year lease to move its store in Santa Margarita, Calif. to the Trabuco Hills Center in Mission Viejo.

Jeff Moore of CB Richard Ellis tells GlobeSt.com that the hardware store’s Santa Margarita location was approximately the same size as the 12,245 sf the company is moving into at the new store.

“They’re relocating to be closer to the neighborhoods where their customers live and farther away from the big-box competition,” says Moore, who brokered the hardware store’s new lease along with CB’s John T. Mehigan, Scott Horsley, and Jennifer Meade. DeNault’s leased the space from Irvine-based Pacific Castle, an investment firm that owns a number of shopping centers in Orange County. The hardware store is remodeling its new space, which formerly was a 3D Bed & Bath, and expects to move in later this month.

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