CORRECTING and REPLACING Station Park Announces New and Relevant National and Local Brand Partners

Please replace the release issued July 16, 2018, at 1:50 p.m. PT/4:50 p.m. ET with the following corrected version due to multiple revisions.

The corrected release reads:

STATION PARK ANNOUNCES NEW AND RELEVANT NATIONAL AND LOCAL BRAND PARTNERS

The Specialty Retail and Dining Complex Focuses on Meeting the Changing Needs of Surrounding Communities by Welcoming Retailers Such as Sephora and Best Buy

Station Park, the unique and preeminent specialty retail, dining, office and community-oriented complex, is excited to welcome several new retailers to the development located 15 miles north of downtown Salt Lake City. The new national and local brands will replace retailers that are leaving Station Park because of nationwide store closures.

“Because the retail industry is constantly reinventing itself, new concepts continuously rise up to take the place of those tenants who did not stand the test of time. Today these new concepts want to be located where customers and visitors are attracted for many different reasons,” notes Chris Byers, senior vice president of leasing, CenterCal Properties. “Our new partners have found that special place at Station Park.”

It is notable that national retailer Best Buy chose Station Park as the location for its first new brick-and-mortar store in seven years, which will open for this coming holiday season. Additionally, Sephora, one of the finest and most exciting retailers in America today, will open a new flagship store at Station Park this year as well.

In total, nine new retailers have chosen to join Station Park to become a part of Davis County’s newest gathering place:

• Sleep Number - Opened June 2018
• SportsClips - Opened July 2018
• Kepen Tea - Opening July 2018
• Last Course Dessert Studio - Opening July 2018
• Sprint - Opening July 2018
• Waffled - Opening August 2018
• Best Buy - Opening October 2018
• Jersey Mike's Subs - Opening October 2018
• Sephora - Opening October 2018

“At Station Park, we work closely with our tenant partners to offer competitive leasing, beautiful facilities and support to bolster the company’s success and mission. Ultimately, this cultivates an atmosphere that brings people together,” said David Anderson, general manager of Station Park.

Since its opening four years ago, Station Park has brought more than 100 businesses to Davis County and communities that surround it. Station Park is comprised of more than 900,000 square feet of retail, dining and office space. Upon completion of the final phase, Station Park will comprise a total of 1.2 million square feet of space.

“At CenterCal and Station Park, we are committed to creating the best place possible and to providing the best tenant mix for our community,” said Fred Bruning, CEO, CenterCal Properties. “As tastes and desires change, and new tenants enter the retail landscape, they will always find their perfect home at Station Park, where placemaking and the best tenants go hand in hand.”

About CenterCal Properties, LLC

CenterCal Properties, LLC, founded in 2004 by Fred Bruning and Jean Paul Wardy, is a full-service commercial real estate company in the business of investing, developing, leasing, and managing its projects. CenterCal excels in, and is best known for, creating destinations throughout the western United States with a unique strategy of “placemaking,” which emphasizes the importance of developing spaces with a sense of community.

Bruning and Wardy’s creative vision and passion for development, coupled with CenterCal’s internal expertise, are evident in the properties the company owns and operates today. In the Pacific Northwest those include: Bridgeport Village, Cascade Station, Nyberg Woods and Nyberg Rivers in Oregon, and Valley Mall and The Trails at Silverdale in Washington. The Intermountain State properties include: Station Park and Canyon Corners in Utah, and The Village at Meridian and Treasure Valley Marketplace in Idaho. California is home to: The Veranda, Blackhawk Plaza, The Collection at Riverpark, and Plaza 183. Projects currently under development include The Village at Totem Lake and The Terminal at Ballard in Washington, Mountain View Village in Riverton, Utah, The Waterfront in Redondo Beach, and 2nd & PCH in Long Beach, California. For more information on all of CenterCal’s properties, please visit www.centercal.com.

CenterCal Properties is a retail development joint venture partner of California State Teachers Retirement System (CALSTRS), and is one of the most active retail developers in the United States. Currently the company has millions of square feet in various stages of development.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180716005851/en/