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News release

GLENDORA

Creamistry, Oke Poke and Orangetheory Fitness Coming to Glendora, California Shopping Center

JLL secures three leases for Champion Glendora; center to open on Wednesday, May 24, 2017


GLENDORA, CALIF., May 19, 2017JLL announced today that it has negotiated three leases on behalf of Champion Glendora, an affiliate of Champion Real Estate Company. Creamistry, Oke Poke and Orangetheory Fitness will open at the 70,500-square foot neighborhood shopping center located at 655 S. Grand Avenue in Glendora, California. These new tenants will bring the center to 85 percent leased prior to completion of the redevelopment.  The center will open on May 24, 2017 highlighted by a ribbon cutting ceremony with the City of Glendora and Glendora Chamber of Commerce beginning at 10:30 a.m.

  • Creamistry, an ice cream shop specializing in using liquid nitrogen to prepare customized, handcrafted ice cream, signed a lease for 1,271 square feet. The ice cream shop is scheduled to open in October 2017.  Creamistry was represented by Scott Simcik and Shaun Kennedy of FGP Commercial Leasing (broker).
  • Oke Poke, a fast-casual poke restaurant, signed a lease for 1,289 square feet. The restaurant is scheduled to open in October 2017. Oki Poki was represented by Minerva Baral.
  • Orangetheory Fitness, a fitness center franchise, signed a lease for 3,497 square feet. The fitness center is scheduled to open in October, 2017.  Orangetheory Fitness was represented by Jesse Rehmeier of Retail Select Services (broker).

JLL's Shauna Mattis and Blake Kaplan are handling leasing at the center and represented the landlord Champion Real Estate Company in each lease. Mattis and Kaplan are currently in negotiations for another 8,200 square feet, which would take occupancy to 97 percent leased.

The center, 655 S. Grand Avenue, has space available to accommodate food and specialty retailers in need of 2,500 square feet of space.

Champion Real Estate Company acquired the retail center 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-foot 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 and Marshalls. In addition to Sprouts, Marshalls, Creamistry, Oke Poke and Orangetheory Fitness, Coffee Bean and Tea Leaf will also be at the center.

"Creamistry, Oke Poke and Orangetheory Fitness are the perfect complement to Sprouts and Marshalls as we bring in tenants that meet the everyday needs of the community," said Chris Wilson, Executive Vice President and partner for Champion. "This redeveloped center will be an important part of the community for years to come."

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.

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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. 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 the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 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.