Milan Capital Management and Arc Capital Partners Bring dd's Discounts to The Plant Shopping Center in San Jose

Exciting Retail Development at The Plant Shopping Center



Milan Capital Management and Arc Capital Partners are thrilled to announce an upcoming retail addition at The Plant Shopping Center in San Jose, California: dd's DISCOUNTS. This value-oriented retailer is set to occupy an impressive 18,045 square-foot space that has long been vacant, strategically located at the intersection of Curtner Avenue and Monterey Road. This significant move not only enhances the shopping center's offerings but also contributes to the ongoing revitalization efforts initiated by Milan and Arc since their acquisition of the property in August 2024.

The introduction of dd's DISCOUNTS marks a key moment in the center's transformation, allowing residents and visitors to enjoy an extensive selection of fashionable apparel, home essentials, and kitchenware—all at unbeatable prices. According to Chris Nichelson, President of Milan Capital Management, the store is expected to become a community favorite due to its reputation for affordable shopping and diverse product range. He emphasized, "With dd's DISCOUNTS joining our retail mix, we are making strides toward realizing our vision of a vibrant, active retail destination here at The Plant."

Scheduled to open in June 2025, dd's DISCOUNTS will be centrally located between Vallarta Supermarkets, which plans to open in 2026, and Target, creating a favorable foot traffic environment conducive for retail success. The strategic positioning reinforces The Plant Shopping Center as a key retail hub within the San Jose community, driving additional visitors and supporting local businesses.

Furthermore, this development showcases the robust growth landscape of the region. San Jose's demographic growth identified by Arc Capital Partners positions The Plant as a prime location for investment. Arc Capital, founded in 2013, specializes in innovative capital solutions and has a noteworthy track record of managing over $10 billion in transactions across successful real estate ventures. Their investment philosophy focuses on high-demand areas, ensuring strong returns and downside protection for stakeholders.

Milan Capital Management, established in the early 1980s, brings decades of experience in commercial real estate investment. They have adeptly navigated various cycles in the real estate market, consistently delivering value to investors. With their commitment to enhancing urban markets in California, The Plant Shopping Center's progress illustrates a forward-thinking approach to retail development.

For those interested in leasing inquiries related to this latest addition, Marisa Delgado and Josh Shumsky from The Econic Company are the contacts available for further assistance. They express that the addition of dd's DISCOUNTS not only diversifies the retail landscape but also enriches the overall shopping experience for buyers.

In conclusion, the upcoming launch of dd's DISCOUNTS at The Plant Shopping Center is a promising development that aligns with the growing demand for accessible retail—making it a notable point of interest for local shoppers and a pivotal moment in enhancing the vitality of the San Jose retail scene.

Topics Consumer Products & Retail)

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