SEC of Clovis & Herndon Avenues
Clovis, California 93612

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Recognizing a great opportunity because of its immediate access to Freeway 168 and unique location across the street from a regional shopping destination, Gryphon Capital undertook a major renovation effort that completely revitalized the center. Significant aesthetic enhancements were added and the center was expanded to accommodate national, regional and local tenants including: Sprouts, Ross, Skechers, Tuesday Morning, Dollar Tree, Rubio’s, Blue Moon Yoga and Pieology Pizza to name a few. The resulting impact to the area included adding over 300 new jobs and creating a large boost in tax revenue for the city.

HIGHLIGHTS

  • Strong national tenant anchors include popular grocery store Sprouts and Ross Dress for Less
  • Brought center from 13% leased at acquisition to 100% leased today
  • Retail sales at the project upon acquisition: $3.75M; Sales today: $45M
  • Added over 300 new jobs to the community
  • Created a large boost in tax revenue for the city
Case Study

A unique location. A developer with a vision. A major renovation. How Gryphon Capital brought a forgotten center back to life.

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