Starboard TCN Retail Brokers Get Down and Dirty Working to Cleanup Mid-Market Street in San Francisco
Nov 24, 2009
For years mid-Market Street in San Francisco, CA, between 5th and 8th Streets, has been ignored by investors, retailers, developers and real estate brokers. Now, agents Louis Cornejo and Colleen Meharry of Starboard TCN Worldwide Commercial Real Estate are changing this trend. Both brokers have refocused their efforts to bring in tenants and effect change in this underdeveloped area. "I am inspired by the challenge of bringing retailers into neglected areas of the city in order to make these San Francisco neighborhoods viable again," Cornejo stated.
Cornejo and Meharry recently assisted bringing Show Dogs Restaurant to 1020 Market Street and are nearing finalization on a 12,000 square foot restaurant lease at the Warfield Building between the Foreign Cinema restaurant team and building owner David Addington. Addington has been spearheading efforts to improve this area for years.
Prior to the construction of the underground BART/Muni Metro system in the 1970s, this area included major retailers such as JC Penny's, Regal Shoes, Weinstein's Department Store, as well as numerous theatres such as the Saint Francis, and United Artists theatres. The construction of BART and Muni underground essentially caused foot traffic to come to a halt, driving stores from a once thriving retail corridor and leading to years of decay and neglect.
Today through efforts by Starboard TCN agents Louis and Colleen there has been a renewed interest by retailers, office tenants, artists, and restaurants to the area.
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Written by: Louis Cornejo
At Starboard TCN Retail Group, we work with retailers, property
owners, and developers to provide personalized commercial
real estate services that create successful solutions for every retail
development requirement. We are based in San Francisco and have a thorough
knowledge of the retail industry and long-standing relationships throughout the
Bay Area, the East Bay, and the Peninsula - including Concord, Daly City,
Dublin, Fremont, Livermore, Oakland, Pleasanton, San Jose, San Mateo, South San
Francisco, and Walnut Creek.
We have a personal commitment to delivering the highest level of service and
to building long-term, successful relationships with each of our clients. Our
in-depth research and experience of the major retail districts in San Francisco
and surrounding areas gives our clients advance knowledge of emerging trends and
dynamics at play in the marketplace. Our clients can then make thoughtful,
real-time decisions in fast-changing business environments.