The Promenade Shops at Orchard Valley in Manteca, CA acquired by new owners planning major revitalization

Grupe Huber is pleased to announce the successful acquisition of The Promenade Shops at Orchard Valley, a premier regional shopping center in Manteca, CA anchored by notable tenants such as Bass Pro Shop, AMC Theatres, JC Penney and Valley Fitness. The property spans 54 acres and encompasses nearly 400,000 square feet of existing retail space. JLL, which handles leasing and management, also announced a new tenant: Sutter Health has leased 17,500 square feet of space in the shopping center and is now under construction on interior improvements for a general medical practice facility that should open early in 2025.

Built in 2008, The Promenade Shops at Orchard Valley, centrally located just off of Highway 120 at Union Rd, is a popular shopping destination for Manteca and the Central Valley. Grupe Huber company represents the new owner’s group which is committed to revitalizing the center.

"We are excited about our next step of breathing new life into the shopping center, and the positive impact it will have on the community," said Fritz Huber, Senior Vice President at Grupe Huber. "Our team's dedication and hard work over the past six months have made this acquisition possible, and we are committed to continuing the work in transforming The Promenade Shops at Orchard Valley into a thriving hub for residents and visitors alike."

The acquisition has also garnered praise from local officials. "The Promenade Shopping Center has been underutilized for too long and will benefit from Grupe Huber's ownership,” states City Manager, Toni Lundgren. “As local owners with a successful track record in the Central Valley, they are committed to taking this shopping center to the next level. We look forward to seeing them elevate this premiere shopping center and create new jobs through new tenants.”

“I’m pleased to collaborate with Grupe Huber to reenergize The Promenade Shopping Center. As a local property owner, they are committed to Manteca’s success by enhancing shopping experiences for residents and visitors,” states Mayor Gary Singh. “As part of my role on the City Council’s Economic Development 2x2 Committee and through my attendance at retail trade shows, I will continue to work hard to attract the businesses our community demands, adding The Promenade Shops to our list of vibrant commercial destinations.”

Added Jeff Badstubner, Managing Director, JLL, “With the ongoing growth of Manteca and surrounding communities, we think there is significant pent-up demand for complementary retail in The Promenade’s available space and adjacent pad sites. We’re targeting a host of entertainment, restaurant and retail uses that would leverage The Promenade’s strong existing anchor tenants and serve this thriving regional trade area.”

Grupe Huber extends its heartfelt congratulations to everyone involved in making this acquisition a reality. The company looks forward to the redevelopment efforts and the long-term benefits it will bring to the community.

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