![]() |
|||||||
![]() |
![]() |
![]() |
![]() |
![]() |
|||
Stephen G. Stwora-HailExperience
RALEY'S/BEL AIR MART—In addition to performing real estate related work for over 150 shopping center sites for Raley's, Bel Air Mart, Nob Hill Foods and Food Source, Downey Brand also represents the Teel Family Trust, owner of these corporations as well as other real property holdings including Raley's Sierra Ranch, a 4,000 acre spread in Nevada and Placer Counties, California. Representation of Raley's/Bel Air Mart/Nob Hill Foods/Food Source includes title review and negotiation and preparation of documentation for its supermarkets, which includes anchor tenant leases, purchase agreements, development agreements, operation and easement agreements and agreements with governmental entities. This representation has included the acquisition of the Bel Air Mart and Nob Hill Foods chains. Downey Brand assisted Raley's in the development and financing of its $35 million warehouse distribution site in North Natomas. Raley's Landing Project is a 20-acre mixed use project on the Sacramento River in West Sacramento, California. Steve worked in obtaining all entitlements for this site from the City of West Sacramento and its Redevelopment Agency through a Development Agreement and an Owner's Participation Agreement. He also participated in negotiations with CALSTRS which acquired land to build its corporate headquarters on the Project. We recently concluded negotiations with the City and Redevelopment Agency to add two additional city blocks to the Project for a residential element to be built by Signature Homes, and to add additional office space for acquisitions by Panattoni Development for a mixed use office, residential and retail high rise and by CalSTRS for new corporate headquarters. SACA DEVELOPMENT, LLC—Has developed stand alone stores and small centers for Office Max, and has completed in Elk Grove a neighborhood center anchored by Pier 1 and Party America, with a food court including national tenants such as Chili's, Chipotle, Quizno's and Jamba Juice, and a 200,000 square foot power center whose anchors include Toys R Us, Sports Chalet, Jo Anne's, Pet Club and Sacramento Natural Foods Cooperative. We are currently working with Mr. Saca on a new 500,000 square foot center in Lincoln, California with Home Depot, Target, PetsMart, Staples, Ross Dress for Less and TJ Maxx. Pad users include Carl's Jr., Panera Bread, Mimi's Café, Chili's, Kragen Auto Parts, TGI Friday's and Panda Express. RED ROCK VENTURES, LLC – Focusing on the central valley in Northern Nevada, this commercial developer specializes in retail strip centers and office business parks. Downey Brand LLP assists Red Rock Ventures in the acquisition and entitlement of real property, development and construction of its projects, leasing, sales and property management. We also advise on and prepare investment joint ventures for the company, including LLC's, limited partnerships and tenancy in common agreements. STONE BROTHERS, CO—Based in Stockton, this family-owned developer owns numerous retail centers throughout the Central Valley, including Sherwood Mall in Stockton. Downey Brand LLP assists this company in negotiating leases with anchor tenants such as Best Buy, as well as national tenants such as Brinker International (operator of Chili's, Macaroni Grill, On the Border and Rockfish Seafood Grill). THE GOLDEN 1 CREDIT UNION—With over $4.3 billion in assets, The Golden 1 is one of the largest credit unions in the United States and, with its primary membership being California state employees, it has offices throughout the state. We have assisted The Golden 1 in acquiring branch sites through acquisition and leasing, and in leasing and managing the acquired sites. Downey Brand assisted The Golden 1 in its acquisition and development of a new 250,000 square foot headquarters building in Sacramento, California. |
|||
|
Copyright 2012 Downey Brand LLP. All rights reserved. |
|
|