Roseville Station
For Lease:
Experiential retail, restaurant, and creative office spaces for lease.
Roseville Station at 901-903 Galleria Blvd, is a 1.3M SF mixed-use village rising at the intersection of Interstate 80 and Highway 65, immediately adjacent to the Westfield Galleria, the second-largest shopping mall in Northern California, and the Fountains at Roseville, whose forty stores and nine restaurants draw shoppers from across the region.
What’s been missing is the place: a real Main Street where Roseville gathers, dines, shops, works and lives, where the visit is the destination. Unlike a conventional shopping center, Roseville Station is built around a curated eco-system. A signature two-story Feature Market, designed for a marquee food-and-beverage operator in the spirit of Eataly, anchors the Town Square, a hardscape plaza with performance stage, market terrace and night lighting programmed for events year-round. Cafes, bars, restaurants and shops line a flexible Main Street that closes to cars on evenings, weekends, and event days. A 150-room boutique hotel with rooftop lounge, wellness club and conference facilities bookends the south, delivering a steady stream of business and leisure travelers directly onto the street. More than 1,000 apartment homes surround it all, providing built-in, seven-day-a-week foot traffic.
For Sale:
Justus Enterprises, owner of the entitled 26.66-acre site at the center of the Galleria Boulevard corridor, is seeking a development partner to joint venture the ground-up development of Roseville Station: 19 buildings and 1.13 million rentable square feet of retail, office, hospitality and residential, underwritten to a $453 million total net project cost, a 7.12% un-trended yield-on-cost, and $123 million of projected net value creation at stabilization. The full underwriting is available upon request.