Grocery-Anchored Folsom Center 90% Pre-Leased a Year Ahead of Opening

Hunter Partners announced that two new leases have pushed Alder Creek Marketplace in Folsom to 90% leased, more than a year before its planned opening in the fall of 2027. Bank of Montreal (BMO) signed a 4,500-square-foot lease. In addition, Pacific Dental Services signed a 3,300-square-foot lease.

Matt Spear at CBRE served as the broker for BMO. Matt Goldstein of Gallelli Real Estate represented Pacific Dental. All leases were negotiated by Andrea Sessions at the Edwards Company on behalf of Hunter Partners.

“A successful daily needs shopping center requires a diverse range of tenants, and we’re happy to announce that Alder Creek Marketplace is now 90% leased,” said Josh Rupert, senior director of development at Hunter Partners. “This is not only a testament to Folsom Ranch, but also to the City of Folsom that both regional and national tenants are vying to be onsite.”

Alder Creek is anchored by a Safeway grocery store and a Safeway Fuel Station. Additional tenants already secured include MOD Pizza, Chipotle, Jersey Mike’s, Paris Baguette, Nail Chateau II, Jet Set Pilates, Next Health and Safe Credit Union.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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