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California  + Bay Area  + Retail  | 

Sares Regis, TMG Sell Retail Portion of Fremont Mixed-Use

Sares Regis Group of Northern California (SRGNC) and TMG Partners have sold Capitol Square, a 21,100-square-foot retail project in downtown Fremont. Terms were not disclosed.

Capitol Square is the retail component of the $100-million Locale mixed-use project which was completed in the spring of 2021. Locale includes 157 units of housing in addition to the retail space, and was developed by TMG Partners, Sares Regis and Summerhill Homes.

“This fully leased retail center highlights the growing vibrancy of downtown Fremont,” said Chris DeHaan, VP for SRGNC. “We’re proud of the mix of businesses we were able to attract to Capitol Square, which has created an authentic sense of place that will build lasting value for both the community and future development in the downtown.”

Don LeBuhn, Rick Ryan and Dan Wald of Cushman & Wakefield served as brokers for the sale of Capitol Square.

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Sares Regis Group of Northern California

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).

  • ◦Sale/Acquisition
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