Preserve West Capital was selected by Raley’s to entitle and develop their new Flagship store. This was a highly competitive opportunity and we are excited to be part of the process and to own this asset long term. The development will include approximately 108,000 square feet of multi-tenant retail anchored by Raley’s new Flagship store. Raley’s currently owns the property and will sell to Preserve West Capital upon receiving entitlements, which are being managed by Preserve West Capital. The property is also strategically located within Land Park, one of the oldest and most mature neighborhoods located within close proximity of downtown. The project was approved unanimously by city council in November 2016.