Olivewood Retail Center RenderingOlivewood Retail Center
Corner of Jefferson Ave. & Kalmia St., Murrieta, California

The first project American Redevelopment Regional Center is in the process of developing is the Olivewood Retail Center. Olivewood Retail Center is 5.81 acres of real property located at the corner of Jefferson and Kalmia Avenue in Murrieta, California, located in Riverside County, directly across from City Hall and the new Murrieta Town Center. The Regional Center will construct, develop, lease, operate, and manage six (6) separate, mixed-use commercial buildings on the property, resulting in approximately 48,419 square feet of new commercial development in Murrieta, California which will be leased to retail, banking, restaurant, and office tenants. The first tenants, The Farmstead Market and Trinity Martial Arts are scheduled to open for business in October of 2012.

This project has 25 Limited Partnership Units and is full subscribed. More importantly, the project is estimated to create 329 new jobs in the area and provide significant economic growth.

Features:

  • Retail shops available from 900 square feet
  • 4,000 square foot freestanding pad building with drive-thru availability ideal for banks, credit unions, or fast food.
  • Signalized southeast corner of Jefferson Ave. and Kalmia St.
  • Located directly across from the Murrieta City Hall, City Library and current Police Department
  • Estimated Grand Opening October 2012¨
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