Gellert Marketplace

Jones Lang LaSalle Americas, Inc., (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Gellert Marketplace (the “Property”), a trophy, best-in-class grocery-anchored center located in Daly City, California.

Anchored by a top-performing Sprouts Farmers Market location, Gellert Marketplace boasts 152,057 square feet of premier retail space. The property is 98.8% leased to a robust mix of national and credit tenants including HomeGoods, Total Wine, PetSmart, and Skechers, delivering stable cash flow with a 5.2-year WALT and average sales exceeding $1,000 per square foot. Strategically located along Interstate 280, Gellert Marketplace benefits from its irreplaceable position in a premier infill San Francisco Peninsula location. The property is also served by a 60’ pylon sign showcasing all major anchors, and experiences high visibility to over 153,000 vehicles daily. The submarket is characterized by strong retail fundamentals, exceptional consumer spending power, and limited new supply.

This is the first opportunity since its original development to acquire this trophy grocery-anchored center with embedded value through below-market rents and minimal near-term capital requirements.