Acquisition
In February of 2013, Gryphon Capital acquired The Trading Post, a 125,000 square foot community center at the southeast corner of Clovis & Herndon Avenues in Clovis, CA.
Challenges at Acquisition
0
1
2
3
4
5
6
7
8
9
anchor spaces
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
%
the center was occupied
0
1
2
3
4
5
6
7
8
9
Redevelopment
Recognizing a great opportunity due to it’s immediate access to Freeway 168 and unique location across the street from a regional shopping destination, we undertook a major renovation effort that completely revitalized the center.
Beautification and Expansion
Significant aesthetic enhancements were added and the center was expanded to accommodate national, regional and local tenants.
Tenant Occupancy
New tenants included Sprouts, Ross, Skechers, Tuesday Morning, Pieology Pizza, Rubio's, Cyclebar and Blue Moon Yoga.
RESULTS
The resulting impact to the area included adding over 300 new jobs and creating a boost in tax revenue for the city.
13% to 100% occupancy
over a 30 month period.
1
2
3
4
5
6
7
8
9
0
.
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
0
M