The Commons at La Verne Grand Opening

Combined Properties, Incorporated celebrates the Grand Opening of The Commons at La Verne, located at the intersection of Foothill Boulevard and Wheeler Avenue in La Verne, CA.

The Commons at La Verne is an attractive $29 million redevelopment project that included a 20,000 square foot expansion of the center.  Originally built in the late 1970’s, the center had been anchored by K-Mart.  Combined Properties’ redeveloped and expanded the site by demolishing most of the existing structures and raising the grade of the site to give the new center an elevated presence.

Vons opened a 51,000 square foot state-of-the-art grocery store plus a fuel station this past April. Ross Dress for Less and Famous Footwear opened this summer and also anchor the 125,000 square foot center along with nearly two dozen other tenants.  The shopping center is 94% leased.

Contributing to the aesthetic beauty of the shopping center are sculptures by renowned local artist Stephen Elicker.  Elicker created The Angle of Repose for the shopping center which is essentially (4) 9-foot tall components that relate to each other in a manner that suggest ‘community’. The sculptures are comprised of fabricated steel with cylinders of cast glass.  The public is invited to personally experience the art by walking around and between the components.

Activities marking the Grand Opening of the center are scheduled for September 20th from noon to 4:00pm and include music, amusements, games, merchant discounts and a sidewalk sale.

Firm Background

Combined Properties, Incorporated is a full-service real estate firm with offices in Washington, DC and in Beverly Hills, CA.  Founded in 1984, Combined Properties has consistently been ranked as one of the top private owners of retail centers in the Washington metropolitan area.  With a $1 billion portfolio comprised of 5 million square feet and a $500 million development pipeline, the firm is now branching out from its concentration in retail real estate by applying its multidisciplinary expertise in the areas of development, asset management, leasing, and finance, to developing innovative mixed-use properties.  Combined Properties core retail assets are located in the greater Washington, DC metropolitan area and Southern California.

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