580,000-sf First Phase of New Retail Center 80% Preleased

STOCKTON, CA-Kitchell Development Company is headed for a spring 2004 opening on the better part of a 70-acre, 700,000-sf retail center at Eight Mile Road and Interstate 5 in Stockton.

Park West Plaza, part of a 3,000-acre, 4,000-unit master planned community by A. G. Spanos, will be the only regional shopping center located on the I-5 corridor in the Stockton trade area, and the retailers are well aware of that fact. The project’s 580,000-sf first phase (on 53.8 acres) is better than 80% preleased, says leasing agent Rick Puttkammer of San Diego-based Burnham Retail group.

“If you know the dynamics of Stockton, the you know retail is predominately in the city, which is not convenient to I-5 or 99,” says Puttkammer. “In addition to being able to pull existing Stockton customer, we’ve extended the trade area by virtue of being right off the freeway.”