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Real Estate Bisnow
The largest commercial real estate publication in the United States.
   
January 11, 2012 
 
 
Paddlin' With Jim

 

The man below is responsible for $2.5B worth of healthcare projects, including Sutter Health’s California Pacific Medical Center. Better hope he brought his cell phone to the water. It's SmithGroup JJR SVP Jim Hannon, who oversees healthcare projects nationwide. He'll discuss them at Bisnow’s San Francisco Healthcare Summit Jan. 18 at the City Club. Register now to hear more!

 
Some people prefer planes for coast-to-coast business, but Jim prefers a kayak (which happens to be Google Maps' preferred route between San Francisco and China. Look it up). He’s tells us the $1.2B CP medical center just finished design and is going through entitlement. Meanwhile, the replacement of Highland Hospital in Oakland, a joint effort between SmithGroup and Clark Construction, just wrapped up design and is going through various state reviews. He also sees more healthcare work getting under way in the public sector, particularly at the federal level with the Department of Veterans Affairs. At the VA’s Palo Alto campus, SmithGroup is working on the largest and most extensive series of neurotrauma institutes for returning vets that the Department has commissioned. When he’s not working, you can find Jim sea kayaking on Tomales Bay off of Inverness, where he and his wife have a vacation house.

Bisnow
POP-UP CULTURE
 
Move over, LudoBites, and make way for another type of pop-up: the pop-up shop, an example of which is the new Daiso store at Alameda South Shore Center. The giant Japanese retailer of mass-produced, low-priced merchandise opened a 1,400 SF store in mid-November. Yesterday we chatted with Cornish & Carey SVP Julie Taylor (snapped by C&C’s Rachel Pagan), who handles leasing for the center on behalf of owner Jamestown. She tells us Daiso’s pop-up has been extremely successful, doing as much business in the Alameda location as Daiso does on Market Street in San Fran in a store twice the size. The retailer sells everything from toys and school supplies to kitchen and tabletop items.
Everything’s from Japan, “so the design and packaging of their products are things we haven’t seen here.” Julie defines a pop-up retailer as someone who moves in on a temporary basis to take advantage of a seasonal opportunity, or to experiment with a location and decide whether to go long-term. A pop-up retailer usually can use the existing space in its current condition, fixture and merchandise quickly, and open its doors within a couple of weeks. Also, a pop-up retailer will promote itself heavily because “it’s new in town and will want to announce its arrival.”

Another example of a pop-up is the Spirit Halloween store that operated at the center in October. Julie notes temporary retailers in shopping malls aren’t exactly new. (How else would we get our fill of Hickory Farms sausages and See’s Candy during the holidays?) But they are new in non-mall environments—even Toys R Us and Target and doing ’em—as retailers seek new ways to reach customers effectively and try out new locations. Julie’s got pop-up spaces available at Alameda South Shore Center from 1,400 SF up to 12k

SF and is in discussions with what will be the center’s third pop-up store.

Bisnow
SARES-REGIS STREAMS AHEAD
 
In the past, Redwood City development turned its back to Redwood Creek so much, you'd think the geological feature was all wet. Not so for Sares-Regis Group of Northern California, which just broke ground on a 132-unit luxury apartment project called Township at 333 Main St. According to VP Jeff Smith, the developer’s design team worked with the city on a different approach toward the creek and “made it an amenity to the project.” As part of the new community, Sares-Regis is providing the first phase of a trail that ultimately will connect the bay front to the city’s newly improved downtown. The company partnered with JPMorgan on the project.
 
Float any new ideas? Let us know: Julie@bisnow.com.
 
 
 
 
Angel Limo
 
Bisnow SanFran Health
 
Reznick Insights SanFran
 
Allen Matkins
 
Bisnow Polls SanFran
 
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