Skip Ribbon Commands
Skip to main content

News release

LOS ANGELES

Champion Real Estate Company Starts Construction on New Sprouts Farmers Market in Glendora, California


Champion Real Estate have started construction on a new Sprouts Farmers Market located at 655 S. Grand Avenue in Glendora, California. The grand opening of the 30,000-square-foot Sprouts is scheduled for May 18, 2017.

Champion Real Estate Company acquired the freestanding and vacant former grocery store in 2016 and is investing $32 million in the reconfiguration and repositioning of the existing 85,615 square foot property into a smaller 70,500 square feet grocery-anchored neighborhood shopping center. Additionally there are two new retail pads in the existing parking field, plus additional supporting retail to expand the tenant base and meet community needs. Completion is planned for July 2017. The redeveloped center will include several national, credit tenants and be anchored by Sprouts Farmers Market. Thus far, the center has received commitments for 93 percent of the space including Marshalls, Coffee Bean and Tea Leaf.  655 S. Grand Avenue has space available to accommodate food and specialty retailers in need of 2,500 square feet of space.

JLL's Shauna Mattis, Elizabeth Hewson and Blake Kaplan are handling leasing at the center.

"Our goal is to create a premier center that meets the needs of the area's evolving demographic," said Chris Wilson Executive Vice President and partner for Champion. "We are delighted to be able to revitalize this center which will be a great complement to neighboring amenities in Glendora and the San Gabriel Valley."

Ideally located just north of the I-210 Freeway at the intersection of West Route 66 and South Grand Avenue, 655 S. Grand Avenue sits adjacent to The Gables on 66 project, a new development which includes 106 townhomes; 20 new single family homes and 2,000 square feet of retail, currently under construction.  The center is also just minutes from Azusa Pacific University's East Campus.

For more news, videos and research resources on JLL, please visit the firm's U.S. media center Web page: http://bit.ly/18P2tkv

About Champion Real Estate Company
Champion Real Estate Company ("Champion") was founded in 1987 by veteran investor, developer and CEO, Bob Champion. Based in West Los Angeles, Champion's investment strategy is to acquire infill properties in "A" locations within markets that are core, core adjacent or gentrifying to core and implement value accretive improvements to achieve above-market returns. Since 1995, Champion has completed projects valued in excess of $1 billion and 2.5 million square feet. For more information, visit www.ChampionRealEstateCompany.com.

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.