(Photo Caption: Riverside County, California Supervisor Chuck Washington at French Valley Marketplace groundbreaking)
By California Business Journal.
United Development Company of Southlake, TX has broken ground and begun construction on a new shopping center in French Valley Marketplace in California.
The new center is located in French Valley, CA (southern Riverside County) is seven miles northeast of Temecula. French Valley Marketplace sits on 22 undeveloped acres at the northeast corner of Winchester and Thompson Roads, in the affluent, high-growth area of French Valley.
French Valley Marketplace features a variety of new retailers, which include Grocery Outlet Bargain Market, LA Fitness, McDonald’s, 7-Eleven and AutoZone scheduled to open later this year.
FRENCH VALLEY MARKETPLACE OFFERS:
— Major frontage along Winchester and Thompson Roads.
— +/- 132,500 square-feet of leasable space in 16 buildings.
— 44,300 square-feet of retail shop space available.
— 4 drive-thru pads for ground lease or build-to-suit.
— 5,000 square-feet between grocery store and planned pharmacy.
French Valley Marketplace is a co-development project between United Development Company and Halferty Development Company of Pasadena, CA. Romspen, a leading Canadian non-bank mortgage lender specializing in providing commercial and industrial real estate mortgages, provided the loan, which was sourced by Metropolitan Capital Advisors of Dallas.