Cornish & Carey Commercial Newmark (C&CCNewmark) today announced that ULTA Beauty (NASDAQ:ULTA) expanded its San Francisco Bay Area footprint opening eight new locations in the past year. Rapidly approaching its 40-store target for the market, the beauty retailer now maintains 17 Bay Area storefronts and plans to open two additional locations in the coming months.
“Ultimately in tune with its customers, ULTA is a dynamic and exciting company with a smart and well defined growth strategy,” said Cece Vohs Cimino, a C&CCNewmark vice president who, together with Vice President Sean O’Carroll, exclusively represents ULTA Beauty in the Bay Area. “On track to open 125 stores nationwide in 2013, ULTA’s targeted approach to real estate, from identifying locations to opening its doors for business, is exemplary. It is a pleasure to represent such a dynamic company as it strategically expands in the greater Bay Area.”
ULTA Beauty’s unique retail concept stores are located in off-mall, high-traffic, accessible locations in approximately 10,000 square feet of retail space, including a salon of about 950 square feet. Shopping centers occupied by soft goods retailers and preferred by female shoppers are prime targets.
ULTA Beauty’s new Bay Area locations include:
• 580 Francisco Boulevard, San Rafael
• Capitola Mall, Capitola
• The Block at Pacific Commons Shopping Center, Fremont
• East Washington Place, Petaluma
• Alameda Southshore Center, Alameda
• Pacheco Pass Center, Gilroy
• 280 Metro Center, Colma
• Napa Crossing, Napa
Coming soon to the Bay Area:
• Village Oaks Shopping Center, San Jose
• Willows Shopping Center, Concord
ULTA Beauty currently operates stores in Brentwood, Dublin, Fremont, San Bruno, San Mateo, Sand City, Santa Rosa and two in San Jose.
About Ulta Beauty
Ulta Beauty is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Ulta Beauty provides affordable indulgence to its customers by combining unmatched product breadth, value and convenience with the distinctive environment and experience of a specialty retailer. Ulta Beauty offers a unique combination of over 20,000 prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. Ulta Beauty also offers a full-service salon in all of its stores. As of August 3, 2013, Ulta operates 609 retail stores across 46 states and also distributes its products through the Company’s website: www.ulta.com.
About Cornish & Carey Commercial Newmark
A dominant regional real estate force since 1935, Cornish & Carey Commercial Newmark has an expansive reach as part of one of the largest commercial real estate service firms in the U.S. Regionally, Cornish & Carey Commercial Newmark has more than 310 agents in 13 strategically located offices throughout Northern California, creating a powerful platform from which to deliver superior services locally, while upholding its core values of integrity and knowledge. For further information, visit www.ccareynkf.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 12,000 professionals, operating from more than 320 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.