Neighborhood Centers

With an authentic heritage, we look at neighborhood centers from a retailer's perspective, pairing the right tenant to the right location based on the wants and needs of the consumer and the community. That alignment creates a truly desirable investment.
– Steve White, SVP, Asset Management & Operations

From single tenant commercial buildings to open air shopping centers, we draw from an authentic heritage and a retailer’s perspective to create modern, community-centric destinations for the next generation where value is preserved and enhanced. We apply the same rigorous standards of excellence to our community centers as we do in all of our projects in order to maximize retailer retention and revenue.

OUR NEIGHBORHOOD CENTERS:

Neighborhood Centers SPRING CREEK CENTER

1315 3RD STREET PROMENADE

Location: Santa Monica, CA
Asset Type: High street retail and mixed-use
Size: 21,661 SF

Overview: The Gallery is a unique high street retail and mixed-use building located on the iconic Third Street Promenade in Santa Monica, CA. Originally constructed as a 1990’s era food court, the first and second floors of the Property have been completely redeveloped into a marquee food hall featuring a unique mix of indoor and outdoor space, including the Promenade’s only second-story dining deck. In addition to the food hall, the Property features three stories of premium office space totaling 15,600 square feet.

Anchors/Key Tenants: The Gallery

BEVERLEY ROBERTSON

Location: West Hollywood, CA
Asset type: Two adjacent commercial buildings
Size: 18,240 SF

Overview: Located in the heart of the West Hollywood Design District, the property is well positioned within the Beverly Hills market. On the corner of the intersection of two major boulevards, Beverly and Robertson, it is within walking distance from the Beverly Center, an 884,000 square foot Regional Mall. The Beverly Center, anchored by Bloomingdales and Macy’s, brings additional customers to the market. In addition to the buildings, Beverly Robertson also include two parking lots with approximately 36 parking spaces.

Anchors/Key Tenants: Flexform Showroom, Knoll Home Design Shop, Leica Store and Gallery

Neighborhood Centers DRIFTWOOD VILLAGE SHOPPING CENTER

DENTON HICKORY STREET

Location: Denton, TX 76201
Asset Type: 2-Tenant Freestanding Building
Size: 5428 SF

Overview: Located in Denton, TX, a place known for its friendly, small-town feel paired with big-city amenities, Denton Hickory Street boasts close proximity to the University of North Texas and downtown Denton. The site is close to I-35E and US 380 giving it maximum accessibility.

Anchors/Key Tenants: Free Play Arcade, Hanabi Ramen

JEFFERSON RAVEN

Location: Oak Cliff, Dallas, TX
Asset Type: Single tenant commercial building
Size: 2,575 SF

Overview: Located in the heart of Oak Cliff adjacent to the Bishop Arts District, one of Dallas’ most dynamic and eclectic neighborhoods, Jefferson Raven is a historic building once known as "Raven Pharmacy". The Pharmacy signage and bird figure on the building are iconic images of the mid-century historic area.

The site is located down the street from the historic Texas Theatre and the Jim Lake Company’s mixed-use redevelopment of the Jefferson Tower. The site is in a transitional market with close proximity to the prestigious Kessler Park community (2 miles), Methodist Hospital (1.5 miles), and two new mixed-use developments by Exxir Development & Alamo Manhattan.

Anchors/Key Tenants: Cricket Wireless Authorized Retailer

Connect with Asset Management

Steve White, RPA
SVP, Asset management & Operations
(o) 972-210-3551
swhite@CentennialREC.com