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STONECREEK VILLAGE TO PROVIDE CALIFORNIA’S FASTEST GROWING COMMUNITY WITH FIRST UPSCALE RETAIL CENTER
New Development Will Bring Fashionable Retail and Dining Options to Under-Retailed City

STOCKTON, CALIF. (March 13, 2007) – Stockton, the fastest growing metropolitan area in California, will soon be home to Stonecreek Village, the city’s first upscale retail center. Stonecreek Village, slated to open in spring 2008, will provide Stockton and San Joaquin County’s growing population with much needed new retail and dining options in a picturesque open air village setting.

“Four years ago, Stockton was just starting to get on the map for retailers, as we could barely get them to return our phone calls,” said the city of Stockton’s Economic Development Director Steve Carrigan. “Now, due to the region’s tremendous population growth, abundance of affordable housing and pleasing quality of life, national retailers are realizing how viable the Stockton market is and are calling to get their stores into our city. Stockton has historically been very under-retailed, and we are looking forward to the much needed and anticipated addition of Stonecreek Village.”

Offering an abundance of housing at every price range (there are currently 100,000 housing units with an additional 60,000 in the planning stages), Stockton’s metro population of more than 300,000 continues to grow at a rate of 2.5 percent per year and the population of San Joaquin County is expected to grow 52 percent by 2020. Stockton is a highly commutable city, with an extensive network of railways easily connecting residents to the San Francisco Bay Area and the state’s capital Sacramento. San Francisco Bay Area residents are heading east, seeing Stockton as an ideal community to buy a home and raise a family. These factors have greatly contributed to the city’s extensive growth and in turn a need for better shopping for the budding population.

“Stockton residents are currently traveling all the way to Sacramento or San Francisco for quality shopping options,” said Stone Bros. and Associates Co-managing Director Mike Minson. “As local residents ourselves, we are committed to bringing a variety of excellent restaurants and national specialty stores to the heart of Stockton so residents can have the convenience of shopping locally. To date, we are approximately 45 percent pre-leased for this project which is a great pre-construction start to our leasing efforts. In addition, we are working with several promising retailers to join the mix.”

Stockton-area residents will soon have a picturesque shopping alternative at Stonecreek Village, which will be home to more than 30 national retailers, specialty boutiques, restaurants and cafes. To date, the following tenants are confirmed to be a part of the soon-to-be-built Stonecreek Village:

Coldwater Creek is the one-stop shopping experience for women. This unique collection offers clothing for all sizes in misses, petites and plus sizes, as well as accessories, jewelry, shoes, sportswear, art and gifts. For more information visit www.coldwatercreek.com.

AnnTaylor LOFT offers the latest trends in apparel and accessories for women. From footwear and handbags to scarves and hats, shoppers can turn to AnnTaylor LOFT for all their fashion needs. For more information visit www.anntaylorloft.com.

Talbot’s is a leading retailer in classic clothing for misses, petites and women. From handbags to headwear, Talbot’s offers head to toe apparel for work, as well as weekend casual. For more information visit www.talbots.com.

J. Jill offers nature-inspired clothing designs to the sophisticated woman, as well as a scenic store setting adorned in warm colors, wood textures and soft lighting to compliment the natural apparel designs and casual accessories. For more information visit www.jjill.com.

Eddie Bauer, established in 1920 in Seattle, is a specialty retailer that sells high quality casual sportswear and accessories for the modern outdoor lifestyle. For more information visit www.eddiebauer.com.

Lane Bryant offers clothing for plus-size women. The fashionable and flattering designs that Lane Bryant offers make
it a popular choice for plus-size women. For more information visit www.lanebryant.com.

Jos. A. Bank boasts a 102 year heritage as a stylish men’s retailer offering an extensive selection of modern styles and trends. Customers receive both quality and value at prices 20 percent below competitors. For more information visit www.josabanks.com.

Cacique is the Lane Bryant intimate apparel collection that brings figure-flattering intimates for plus-size women. From sexy to comfortable, this store carries fashionable lingerie, sleepwear, bathrobes, shapewear and more. For more information visit www.cacique.com.

Aveda Lifestyle Salon proudly supports eco-friendly beauty practices with its natural product line that promotes environmental sustainability and protects biodiversity. This Aveda Lifestyle Salon and beauty boutique provides a full array of beauty services along with a selection of environment friendly hair, skin, body and make-up products. For more information visit www.aveda.com.

BJ’s Restaurant & Brewhouse promises a unique brewhouse experience with its lively atmosphere, superior food and handcrafted, award-winning beers. Its extensive menu includes a wide variety of appetizers, salads, sandwiches, pasta, comfort foods and BJ’s Famous Deep Dish Pizzas. For more information visit www.bjsbrewhouse.com.

Boudin SF has delighted the appetites of Bay Area residents for 150 years. This new unique restaurant concept will continue its culinary excellence and serve baked breads, hearty soups in sourdough bread bowls, made-to-order sandwiches, fresh salads and sourdough crust pizzas. The new design includes more entrée options and expanded in restaurant seating. For more information visit www.boudinbakery.com.

Juice It Up! has provided a delicious variety of fresh smoothies, juices, organic coffee, snacks and healthy alternatives to unwholesome fast food for more than 10 years. Proprietary fruit juices, non-fat yogurt, sherbets and frozen fruits are key ingredients in Juice It Up’s tasty, nutritious smoothies. For more information visit www.juiceitup.com.

Stonecreek Village will be situated on the current site of Sherwood Plaza, which is owned by Stockton-based developers Stone Bros. and Associates. The former Sherwood Plaza was recently demolished to make room for the 15-acre Stonecreek Village, which will be managed by M&M Stone, Inc.

“It is refreshing to see a local developer/builder re-invest in the local community,” said Stockton Mayor Edward Chavez. “Stone Bros. and Associates have had roots here in the city of Stockton and throughout the Central Valley for more than 50 years. They remain committed to the success of this region. Once complete, this open air village will provide Stockton and the region’s growing population with much needed new retail and dining options right here in the heart of the city.”

The Stonecreek Village site is located in Stockton’s busy retail hub at the corner of Pacific Avenue and West Robinhood Drive across the street from two regional malls, Sherwood Mall (also owned by Stone Bros. and Associates) and Weberstown Mall. Currently more than 67,000 cars pass the location daily and it is in close proximity to more than 26,000 students, as it is situated adjacent to San Joaquin Delta Community College and only two miles away from the University of the Pacific. The Primary Trade Area for Stonecreek Village encompasses 670,619 people in San Joaquin County, extending north to Walnut Grove, east to Farmington, south to Manteca and west to Farmington.

Phase one of the center is set to open in the spring of 2008 and will include more than 161,000 square feet of street-level retail space and a second level of garden office space. The office space is much needed in the city of Stockton, as there is currently less than one percent vacancy rate for class A office space. Additionally, the center will have more than 900 parking spaces for visitors. The project is expected to cost approximately $30 million. Leasing opportunities are currently available through San Francisco-based Crosspoint Realty Services at 415/288-6888.

Stone Bros. and Associates, established in 1948, is a family owned and operated development company based in Stockton, Calif. Its primary focus is developing quality commercial and residential projects throughout the Central Valley region. The Stonecreek Village development is managed by M&M Stone, Inc., which specializes in the construction, management and maintenance of commercial, residential and office building developments. For more information on Stonecreek Village and/or Stone Brothers visit www.stonecreek-village.com or www.stone-bros.com or call 209/478-1791.

Editor’s Note: Interview opportunities available with executives and elected officials.
Site plan and artist renderings are available upon request.