New Bypass Sparks Retail Deals

BRENTWOOD, CA-New developments are popping up here along Lone Tree Way, which is getting a makeover as the city plans for population growth and prepares for the completion of the Highway 4 bypass.

KPO LLC recently purchased 3.3 acres of commercial land at the southeast corner of Lone Tree Way and Jeffery Way for approximately $2.8 million. Located adjacent to a proposed off-ramp from the Highway 4 bypass, the parcel is slated for retail development. Several free-standing restaurants and stores are planned for the area and will be announced at a future date, says John Sechser, a broker with Colliers International in Walnut Creek.

“Brentwood is one of the fastest growing communities in the San Francisco Bay Area,” says Sechser, who represented the buyer and the seller, William Walker. “KPO recognized the high demand for retail and restaurants and purchased the land with plans to attract more activity to the area.”