Five major leases totaling approximately $45 million have been signed at a shopping center under construction in Chula Vista, Calif., the property's developer announced this week. Shea Properties inked leases for The Marketplace at Windingwalk, an approximately 106,000-square-foot retail center located in the city's Otay Ranch neighborhood. The leases include: Vons Supermarket's lease of 55,985 square feet for 20 years; In-N-Out Burger's ground lease of 35,000 square feet for 20 years -- the actual restaurant building is 3,240 square feet; Bank of America's 5,000-square-foot lease for 25 years; Wells Fargo Bank's lease of 4,500 square feet for 20 years; and Oggi's Pizza & Brewing Co.'s lease of 5,109 square feet for 15 years. The Marketplac...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.