Thank you for checking in with us. Unfortunately, there is no new development planned in the foreseeable future. This can change quickly, however, I suspect that we are still years out before we will see any activity. Retail development is driven by the housing market and with the limited amount of residential base and no growth, it will prohibit development.
If I can answer any additional questions, please feel free to contact me.
Respectfully,
Trace L. Johnson, CCIM
Vice President of Leasing
Petrovich Development Company
825 K Street, Suite 300
Sacramento, CA 95843
Ph: (916) 442-4600
Fax: (916) 442-6313
www.petrovichdevelopment.com