165,000 sf, 17 acres, 60 retailers, 1100 parking spaces. Identified best use for developer, negotiate land sale, performed rezoning, city processing and all entitlement work, and market and leased the center, including recruiting anchors from out of the region (99 Ranch and Mayflower restaurant). Many of the original business operators, such as 99 Ranch Market, Chong Hing Jewelers, Jade Galore, MV Trading, Sheng Kee Bakery, Kee Wah Bakery and Pepper Lunch, are still there and this center is still bustling and has a waiting list to get in.
54,000 sf, 5 acres, 16 retailers. This was an early retail center for the Pacific Commons area in Fremont. After one year without securing a single tenant, the owner asked GD Commercial to help with the marketing and leasing. At that time it was difficult to recruit national tenants since it was the least desirable location at the whole Pacific Common area so GD Commercial convinced the owner to reposition the center as an Asian themed center and successfully leased out 70% of the center prior to breaking ground. What is more remarkable was that this was done in 2008 during a slow economy.
115,303 sf center, anchored by 99 Ranch Market. This was a repositioning project. The tenant mix was not attractive, the anchor was threatening to not renew its lease and the owner had a difficult time attracting tenants. The center was 50% vacant at the time John Luk was asked to help market and lease the center. John added a large seafood restaurant, Saigon Seafood Harbor, a bakery, 85 degree Bakery, East West Bank and other businesses which served to Increase traffic significantly.
19.6 acres, 299,740 sf, 1,342 parking spaces, 256 retail/commercial condo units for sale. GD Commercial took over the marketing and sales of this center during Q4 of 2015. During the great recession, the original owner of the center went bankrupt and many initial buyers of the units lost their down payments. This center had a bad reputation in the Vietnamese community but GD Commercial has slowly built up trust again and the units are now moving.
Commercial/Retail Condos for sale. 90,000 sf including a 30,000 sf grocery anchor, Marina Foods. GD Commercial sold 100% of the units in 2009-2010, which was the beginning of the Great Recession and in a very difficult economic climate. Again 80% was sold prior to ground breaking.