Search
 

Daiso Stores Making US Headway

ALAMEDA, CA-GlobeSt.com learns exclusively that the largest Japanese low-price retail company inks a five-year lease at Alameda South Shore Center and now has 11 stores in Northern California.

By Carrie Rossenfeld | Updated on September 25, 2012

ALAMEDA, CA-GlobeSt.com has learned exclusively that Japanese low-price retail company Daiso has signed a five-year lease at Alameda South Shore Center for approximately 4,100 square feet, bringing its total number of stores in Northern California to 11. The retailer opened a 1,400-square-foot pop-up storefront at the 594,000-square-foot, open-air shopping center in this East Bay community last December as a test run that was so well received the company decided to expand.

According to Julie Taylor, SVP of Cornish & Carey Commercial Newmark Knight Frank, “This location was so successful that the company decided to move into a larger space, with the potential for additional expansion.” Taylor’s firm is the exclusive leasing agent for South Shore Center, together with Stephen Rusher. “Daiso stores are known for creating a buzz, with an interesting variety of surprisingly good-quality merchandise, priced at $1.50 or less,” Taylor added in a prepared statement.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.