Market Club project in Mill at Broadway nearly fully leased before opening

Surrounded by hundreds of homes and apartments, the Market Club in Sacramento has built-in customers months before it opens up.

Anticipating that, retail spaces in the adaptive reuse project may very well be fully leased before the 19,000-square-foot building opens in late spring/early summer, said Scott Kingston of Turton Commercial Real Estate.

“Typically in our world, in most urban retail developments there’s not a lot of pre-leasing,” said Kingston, a senior vice president with Turton. Suburban retail projects often get filled with national tenants who make judgments based off renderings and site plans, but urban ones are often filled by local operators. “The locals like to see the physical location.”