The firm, which also operates stores in Nevada and southern California, signed a six-year lease on the property with Michael A. Pollack Real Estate Investments of Mesa, which owns the 39,260-sf retail plaza at 5340-5346 W. Glendale Ave. The store opens in November.
The company selected the site because of its location and the extensive renovations made to the property by the owner. Pollack, who purchased the center in 2000, recently revamped the building with a new stucco and brick exterior, landscaping, tile roof and interior and exterior lighting.
99 Cents Only was represented in the transaction by Joe Felix, the company's real estate manager. Patrick Cassidy represented Michael A. Pollack Real Estate Investments.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
