• 300th CA Walmart Opening at TKH Monterey Peninsula project
• NEW TKH Walgreens Acquisition in NM
• First Fresh & Easy Store in Northern, CA
• TKH Ukiah, CA Property Sold
  
• TKH Automotive Redevelopments in Marin County, CA
• Tallen & Keshen Holdings brings Trader Joes to Tacoma, WA
  
• American Cinematheque
• Variety Article - Aero Theatre
• Italian Ambassador Letter- In support of Bramanti Exhibition
• Additional Press Releases
• TKH Announces Gateway Retail Center receives San Francisco Business Times Retail Deal Award

Tallen & Keshen Holdings Acquires Rio Rancho, NM Walgreens Expanding its Portfolio into Southwestern:
Tallen & Keshen Holdings acquires a newly opened Walgreens project, strategically located directly adjacent to a 66 acre hospital complex currently under construction in the high growth market of Rio Rancho, NM. The Walgreens will serve the growing needs of the Rio Rancho and adjacent Albuquerque communities as store sales will be bolstered by a drive through pharmacy, a full liquor department, and eventually fresh food selections.

Los Angeles, CA (PRWEB) February 22, 2010 -- Tallen & Keshen Holdings announces the latest addition to its commercial real estate portfolio, a newly opened Walgreens project, strategically located directly adjacent to a 66 acre hospital complex currently under construction in the high growth market of Rio Rancho, NM.

Terrence Tallen and Anne Keshen, the founders and owners of Tallen & Keshen Holdings, LLC (TKH) are expanding the company's focus in 2010 into new markets with sustained business climates and projected population growth.

"The development challenges; entitlement hurdles; and complex legal, leasing, and capital requirements we've successfully addressed in our projects in the San Francisco Bay Area, on the Monterey Peninsula and in Los Angeles County, provide a strong foundation for expanding our acquisition of investment properties as well as our track record in the acquisition, value creation and revitalization of under-performing retail assets," comments Anne Keshen, Esq.,
co-founder and co-owner.

The Tallen & Keshen new Walgreens project will benefit from the area's continued population growth, its strategic location and most notably, from the 340,000 SF Presbyterian Rio Rancho Medical complex currently under construction.

The 66 acre hospital complex and the Tallen & Keshen Walgreens property will both serve the growing health care needs of Rio Rancho and adjacent Albuquerque communities.

"We evaluated close to 200 Walgreens and CVS Investment Opportunities, due to the strong location, store size and transaction structure, we believe we've acquired one of the best Walgreens projects in the US," remarks Terrence Tallen, co-founder and co-owner.

"The City of Rio Rancho is a vibrant community whose median household income exceeds the national average by 20% and is projected to be the fastest growing city in New Mexico over the next five years," comments Nathan Capelo, Tallen & Keshen Holdings' Legal & Project Coordinator. "The area continues to create new jobs and attract new businesses and technology companies, including Intel and Hewlett Packard."

In addition to its advantageous location, store sales at the project will be bolstered by a drive through pharmacy, a full liquor department and eventually fresh food selections, based on Walgreens' recent announcement that stores will begin carrying fresh foods and prepared meals in a strategy to retain time-starved shoppers.

Tallen & Keshen Holdings has a leading track record in retail asset value creation, the redevelopment of dark retailer properties as well as the strategic redevelopment of under-performing retail projects, working collaboratively with municipalities and its long standing tenant relationships. TKH's expertise in leasing, entitlements and the resolution of complex legal and operating challenges have generated unsurpassed returns on investment.

Select Recent Projects:
In 2007, Tallen & Keshen Holdings acquired, redeveloped and opened in record time the first Walmart project on the Monterey Peninsula, entitling and redeveloping a blighted 10 acre former Kmart project, creating local jobs and much needed sales tax revenue;

Commencing in 2003-2008, TKH initiated the acquisition, transaction structure and co-directed the revitalization of The Gateway Marin Center, a 182,000 SF power center just North of the Golden Gate Bridge in affluent Marin County, CA; recognized by the San Francisco Business Times as a Bay Area Noteworthy Retail Project. Tallen & Keshen Holdings' redevelopment efforts, and local community and municipality dealings greatly enhanced the Marin Gateway's profile in the community and substantially increased asset value. TKH successfully repositioned the project and negotiated leases with strong national and regional credit tenants including: Babies R Us, Dollar Tree, Starbucks, Panda Express and many others;

In August 2009, Tallen & Keshen Holdings sold a 15 acre project it owned in Ukiah, CA, the Northern Gateway to the Napa and Sonoma Wine Country. The City Redevelopment Agency acquired the property as TKH had completed new entitlements and generated user interest to fill a shopping and sales tax revenue void;

For over a decade, Tallen & Keshen Holdings has acquired and successfully redeveloped surplus retailer and municipality properties in markets throughout CA with a highly successful track record in achieving critical entitlements and securing new credit tenants to assure exemplary returns on investment;

Tallen & Keshen Holdings successfully redeveloped with an auto dealership owner, a former Land Rover and Infiniti dealership located on Hwy 101 in Northern, CA into multi-tenant retail projects;

Tallen & Keshen Holdings is a privately owned Los Angeles and San Francisco based entrepreneurial retail development company with multi-disciplinary expertise in making well priced acquisitions in strong retailer locations and in the innovative development and ownership of retail and mixed use projects in urban, suburban and under-served communities.

TALLEN & KESHEN HOLDINGS ANNOUNCES FIRST NORTHERN, CA FRESH & EASY STORE  IN ITS NEW FAIRFIELD, CA RETAIL DEVELOPMENT 
Marin County, CA (January 30, 2008) - Tallen & Keshen Holdings, LLC announced today that one of the first Fresh & Easy store leases consummated in Northern, CA  will be located in its Fairfield, CA redevelopment project at 649 Beck Avenue, along Interstate 80 in Solano County, CA, 30 miles from San Francisco. The store is presently under construction. Fresh & Easy, a division of UK based powerhouse Tesco is aggressively expanding in the state of California.

The project was acquired and redeveloped by Tallen & Keshen Holdings, LLC in early 2007 and is a part of the company's initiative to bring high profile neighborhood serving retail uses to its projects that meet local community needs. "We've been doing business in the City of Fairfield for over ten years; Tallen & Keshen Holdings has an excellent relationship with Fairfield City officials and the local community. We received numerous requests for a specialty grocer to come into the project," comments Terrence Tallen, Tallen & Keshen Holdings', LLC co founder and co-owner. 

"Fresh & Easy is a vibrant new specialty grocer concept that will serve both the immediate neighborhood and local trade area extremely well," comments Anne Keshen, Tallen & Keshen Holdings' co-founder and co-owner. "We are delighted to have them as a tenant in the project. We work closely with our tenant relationships to expedite entitlements and store openings and are pleased that our project is one of the first locations they selected in the San Francisco Bay area."

Tallen & Keshen Holdings, LLC is a privately owned San Francisco Bay Area retail & mixed use development company with offices in Marin County, CA and Los Angeles. The company has successfully developed and redeveloped projects throughout CA, FL and the Western US and has longstanding expertise in new development, redevelopment and innovative value creation plans, executing upon value added acquisition opportunities, creating projects that meeting community needs and are successful locations for our valued tenant relationships. 

The City of Fairfield is located in Solano County, CA, strategically situated adjacent to the wine country between the San Francisco Bay Area and the State Capitol of Sacramento. Solano County's strong California quality of life, world-class universities, technical colleges, and growing pool of  high-skilled workers makes it one of the most attractive locations within Northern California for high-tech companies, retail development and a diverse economic base.

For more than 12 years Tallen & Keshen Holdings has supported charitable, civic and community initiatives throughout the Western United States, including participation in Leadership LA, the Marin City Sports Zone, Union Rescue Mission, Kiva.org, Cedars Sinai Medical Center, SFMOMA, the Santa Barbara Museum of Art, the Marina Library Project and others and also provides ongoing internships to law students with an interest in responsible entrepreneurship.

Tallen & Keshen Holdings Sells its 15 Acre Ukiah, CA Retail Property to City of Ukiah Redevelopment Agency

Los Angeles & San Francisco developer & investor, Tallen & Keshen Holdings, announced today that it has sold to the City of Ukiah Redevelopment Agency its strategic investment in a 15 acre fully entitled site designated for retail and commercial development.

Malibu, CA (PRWEB) August 12, 2009 -- Los Angeles & San Francisco developer & investor, Tallen & Keshen Holdings, announced today that it has sold to the City of Ukiah Redevelopment Agency its strategic investment in a 15 acre fully entitled site designated for retail and commercial development. Tallen & Keshen Holdings acquired the property in 2007 and re-zoned it from automotive retail to a comprehensive retail and commercial zoning.

Ukiah is located approximately one hour North of Santa Rosa, CA, the commercial hub of the Sonoma Wine Country. The property fronts Highway 101 and is located in the regional Ukiah Redwood Business Park. Well known retailers in the Park include: Wal-Mart, FoodMaxx, Staples, Freidman's and many other fine restaurants and retailers.

"We are pleased that the City of Ukiah shares our view of the development opportunities our property affords to support the large trade area's retail needs, as well as to attract desirable tenants that will serve the community," comments Anne Keshen, company principal and co-owner. "The property is well located in a proven market, in an area with significant retail sales per square foot. The site enjoys excellent visibility and access and is already a well established and successful retail location for many of the nation's leading retailers."

Carol Soon, Tallen & Keshen Holdings, Legal and Project Coordinator who handled the closing, comments "The City of Ukiah and other stakeholders have been a pleasure to work with and we are pleased to have played a part in a future development that will serve both local residents and the community."

"The City of Ukiah led by the vision of City Manager Jane Chambers as well as Sage Sangiacomo and Guy Mills, did an outstanding job of strategically undertaking this multi-property assemblage, working with the City Council, local stakeholders and the Ukiah community," states Terrence Tallen, company co-owner and principal. "We believe that the long term benefits to the City of Ukiah as a result of this transaction are significant and numerous. Our market studies indicate that the Redwood Business Park with its fully entitled retail and commercial land will serve to accommodate Ukiah's current and future retail demand for years to come," comments Tallen.

Tallen & Keshen Holdings is a privately owned entrepreneurial investment and development company with holdings throughout CA and the Western US. In addition to the investments owned by company principals, Terrence Tallen and Anne Keshen, the company also co-invests with strategic funds and capital groups to acquire commercial notes and under-performing assets, with a focus on long term value creation.

Tallen & Keshen Holdings is comprehensively integrated with acquisition, value creation, asset preservation, leasing, entitlements, legal and turnaround expertise.

The company has an emphasis on retail and mixed use development, redevelopment, municipality dealings and entitlements; successfully addressing leasing and value creation in challenged markets as well as the complex capitalization and legal issues that affect assets in the current economy. The company has offices in Malibu, CA and Marin County, CA.

Tallen & Keshen Holdings, West Coast based Retail Real Estate Investment and Development Company, is pleased to announce that it has completed the Adaptive re-use and Redevelopment of the former Infiniti dealership in Marin County, CA on Hwy 101


(PRWEB) June 15, 2005 -- Tallen & Keshen Holdings (TKH), West Coast based retail real estate investment and development company, is pleased to announce that it has completed the repositioning and adaptive re-use of the former Infiniti dealership in Marin County, CA into a retail project, after Infiniti moved to a new Marin County location. TKH negotiated a long term lease with California Closets for a flagship Marin store, transitioning the property from an automotive dealership to a high profile retail asset.

"The key to accomplishing a strategy to redeploy non-traditional, but well located properties into retail projects, is to leverage the visibility and access of the property, in this case on Highway 101 between the Golden Gate Bridge and the wine country, and to effectively work with the municipality, lenders, sub-lessees and adjacent property owners to effect a win-win outcome," comments Terrence Tallen and Anne Keshen, Tallen & Keshen Holdings' principals.

"In this instance, our relationships with credit retailers in structuring the most beneficial locations and lease terms were actually secondary to striking the right balance to transition the property," comments Terrence Tallen. "A successful adaptive re-use plan requires building consensus among the parties, local municipalities and lenders, so that all parties are in consensus with the value added opportunity and the assessment of risk in transitioning these assets," further comments Anne Keshen.

Tallen & Keshen Holdings strategic business objective is in creating high yield returns on investment through the acquisition, development and re-development of RETAIL properties, employing innovative value creation strategies that meet both the location objectives of the company's long standing retailer relationships and are responsive to community needs.

Tallen & Keshen Holdings, with offices in Los Angeles and Marin County, CA, is engaged in the strategic re-development, re-positioning and development of new and underperforming retail assets; including food and drug anchored centers, urban infill, lifestyle, outlet and entertainment projects as well as mixed use developments with a retail component. Among other San Francisco Bay area projects, Tallen & Keshen Holdings is the co-developer and spear headed the repositioning and new tenant mix at The Gateway Marin Retail Center, a 182,054 sq. ft. power center in Marin City/Sausalito. Tallen & Keshen Holdings is the retail partner in a new mixed use project in Hollywood, CA and recently completed the Napa Tahoe Shopping Center in Fairfield, CA - now 100% leased.

Tallen & Keshen Holdings is also re-positioning the former Land Rover dealership located at 647 Irwin Street in San Rafael, CA in Marin County, vacated by the dealer when they consolidated the Aston Martin, Jaguar and Land Rover dealerships into a single location in Central Marin County. The property is a free standing 12,495 SF building with ample parking and visibility. The site is located next to Comp USA and Staples and is adjacent to the new Best Buy store slated to open in San Rafael in 2007.

For more information about this project or to submit an acquisition opportunity, please visit our website at www.TallenKeshenHoldings.com, contact Terrence Tallen or Anne Keshen or call our toll free number at (877) 777-5450.