Wilson Meade Commercial Real Estate Signs True Value for Last Available Anchor Space at One Eleven Town Center in Palm Desert
Heather Sharp, Executive Vice President of Wilson Meade, represented both the owner and tenant in this agreement. “The One Eleven Town Center is a highly desirable location in the Coachella Valley, and True Value will be the perfect complement to other respected retailers there including Whole Foods, Nordstrom Rack and Home Goods.”
The space True Value will be occupying is nearly 12,000 square feet – twice the size of the operator’s first Coachella Valley store, located in North Palm Desert off Varner Road. Serving the hardware needs of millions for more than 7 decades, True Value has 4,400 stores worldwide with retail sales in their respective communities totaling about $5.5 billion – with 13 regional distribution centers and approximately 2,500 True Value associates.
“We’re really excited to be opening another location in such a prime spot at the center of the Valley, and Heather Sharp was instrumental in guiding us through this process,” said Jeff Lohman, an independent owner/operator of True Value. “Being adjacent to Whole Foods, Nordstrom Rack and Home Goods played a big part in our decision. Our products will work well with what they offer, and this will diversify the center and truly make it one-stop shopping for consumers with our addition of home and business improvement supplies.”
Lohman adds that they focus on having knowledgeable, friendly service representatives that really work hard to meet the needs of the customer. “We’ll get the right product for you, and if we don’t have it, we’ll steer you in the right direction to find it.”
Lohman’s True Value store is projecting to open its second location at the One Eleven Town Center in Fall 2019.
For more information, contact Heather Sharp at 760.880.1858