TMG Partners has won awards for many projects
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.
Five Leases Signed in 12 months despite Covid Pandemic
FREMONT -- (Sept. 20, 2021) –TMG Partners and Sares Regis Group of Northern California, two of the San Francisco Bay Area’s largest mixed-use property developers, announced today three retail leases at Capitol Square, their joint venture development situated in the center of Fremont’s new Downtown District. The three tenants will join SLIVER Pizzeria and RawASF, signaling a return of retail leasing in Fremont following a year of industry impact by the COVID-19 pandemic.
Locale at State Street Towers Image courtesy of Lockehouse Retail Group
“The draw to Capitol Square from two local family-owned businesses as well as a national retailer underscores the growth, diversity, and sophistication of Fremont,” said David Cropper of TMG Partners and Dave Hopkins of Sares Regis in a joint statement. “They are sure to reinforce the success of RawASF and Sliver Pizza, and will add to the increasing vibrancy around Locale.”
“The recent leases of Din Ding, Banter Bookstore, and Deka Lash reflect the growing interest in Capitol Square and the momentum that's building in Downtown Fremont,” stated Fremont Mayor Lily Mei. “These three diverse businesses will be excellent additions to the project and gravitate people to Downtown from throughout the community.”
Din Ding Dumpling House , family-owned business, took 2,950 square feet where they will serve handmade noodles and dumplings such as XLB (xiaolongbao) and potstickers, and braised beef noodle soup. This Fremont location will serve as a return to market for the family business after their original location was indefinitely closed following a neighboring fire.
An exciting beauty company founded in 2011 that specializes in eyelash extensions, Deka Lash has leased 1,357 square feet which adds to their 100 studio locations across the US and Canada with a product line specially formulated for Deka lashes.
Local parent, community volunteer, and former attorney, Amy Holmes Davis founded Banter Bookshop out of a personal lifelong love of books Now in the 1,418-square-foot store, she will sell a curated selection of new books and gifts, host events, and support the residents of Fremont and beyond by creating a space for local literary interests and community. Banter Bookshop will carry books for all ages and across all genres: fiction, nonfiction, business, travel, cookbooks, young adult, and children’s books.
Set at the corner of Capitol Avenue and State Street, Capitol Square is an anchor for the “Downtown Heart” of Fremont. It is also immediately across from the new Fremont Community Event Center, scheduled for completion October 2021, and which will become the center of community activity, serving as a new destination for traditional community center functions such as community meetings, receptions, local business events, and economic development conferences. The Community Center design features a grass space at the center of the site which will provide unique flexibility for programming of community events and activities, including active games/sports, food trucks, concerts, maker fairs, markets, and more.
RawASF, a plant-based, all-natural smoothie and acai bowls shop, is now open for business. SLIVER Pizzeria has completed its design process and has its architecture plans application in with the city for building permits.
Lockehouse Retail Group’s Aaron Dan, Chris Homs and Tim Willet led all leasing efforts for the Capitol Square owners while Coldwell Banker Commercial’s Faz Binesh advised Banter Bookshop and Cornish & Carey’s Josh Shumsky advised Deka Lash.
About TMG Partners
TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. One of the most active developers in the Bay Area Region, TMG has a portfolio of more than 30 million square feet across Oakland, San Francisco, San Jose, and other Bay Area cities that includes a variety of office, retail, residential, and industrial properties, ranging from office campus and multi-story properties in urban-infill locations to mixed-use and single-story suburban buildings. For detailed information, visit TMG Partners.
About Sares Regis Group of Northern California
Sares Regis Group of Northern California and its affiliates, Regis Homes Bay Area and Regis Contractors Bay Area, are regional companies based in San Mateo, California. As leading developers and managers of commercial and residential real estate in the western United States, the companies have more than 6.5 million square feet of commercial properties valued at $500 million and over 2,800 residential units under development. Since its inception, the company has acquired or developed approximately 46 million square feet of commercial properties and 20,000 multifamily and residential housing units.