Strictly Business: Sonoma Valley business news, Sept. 11
AAA office: Newmark Knight Frank is selling 650 Second St. W., the building that houses the large free-standing AAA Northern California, Nevada and Utah branch across from CVS. The listing price is $2.6 million. The 3,789-square-foot property was built for AAA in 1990 and it has occupied the space ever since. Jesse Millman of Newmark Milman Frank is the listing agent. The AAA branch manager said they have no plans to leave, in fact they just signed a new five-year lease.
Victory Station leasing: The enormous industrial building going up at 22801 Eighth St. E. at Fremont Drive is now looking for tenants. The building has divisible space totaling 249,904 square feet as part of a nearly 20-acre development project. It is scheduled for completion later this year. The space is zoned for light manufacturing, R&D, warehousing/distribution and retail/office. The building is considered very central due to its proximity to Highways 116, 12 and 37. There are 338 parking spaces. The developer is McNeill Real Estate Services and the listing company is Cushman Wakefield.
Chico’s: Sonoma’s only chain store on the Plaza, Chico’s women clothing and accessories, is celebrating 35 years in business this year and 10 years in Sonoma this October. The store is located at 29 E. Napa St. in the former site of Simmons Pharmacy. The pharmacy was in operation until 1986, according to online historical archives.
(Another) empty storefront: Terra Firma Gallery, which sells art, accessories, home decor and jewelry, has moved to a new location around the corner at 450 First St. E. It is open now on the left side of the alley on the way back to La Salette Restaurant. Its Plaza storefront, at 452 First St. E., is now for lease.
Leadership: Sonoma Valley Vintners and Growers Alliance board member Taylor Serres of Serres Ranch is one of 24 people who have been selected for the 2018 California Agricultural Leadership Program, an advanced leadership development experience for emerging agricultural leaders.
Donum expanding: Donum Estate in Carneros will double its capacity (to 10,000 cases) with a new facility. The winery is set to bring production in-house beginning with the 2019 harvest, thanks to a new winery project currently in development. Donum president Anne Moller-Racke said that the $6 million facility is expected to be completed by the end of 2018. Donum has 130 acres in Carneros. The winery’s tasting room at 24500 Ramal Road has been open by appointment-only since late last year. A huge head by artist Jaume Plensa can be seem from Ramal Road.
Bank open: First Northern Bank is now open in a cute cottage on First Street West. The office offers residential mortgage loans. www.thatsmybank.com.
Dramatic storefront: The dramatic space at 294 W. Napa St. by the Verizon store is available for lease. The 2,200-square-feet space with high timber ceilings on the first floor was formerly occupied by Pilates Proworks (now called Pilates Sonoma), which is now located around the corner on 989 W. Spain St.
Storefront for lease: The yellow cottage at 525 First St. E. is available for rent. While only 624 square feet, it is a stand-alone single office space. Previous tenants in the space have included Land Home Financial Services, Odyssey Travel and Sonoma Valley Olive Oil/Carneros Caves. The leasing agent is Isaac Raboy of Mason McDuffie.
Building for lease: The new owners of 1247 Broadway are leasing all or portions of the 4,9295-square-foot building. One previous tenant was Chase Bank’s local receivables office. The leasing agent is Isaac Raboy of Mason McDuffie.
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