With additional tenants moving into El Dorado Hills, the Town Center continues to enjoy growth, boosting the economy. A staggering 19 businesses signed leases for over 32,000 square feet and will be (or are already) opening soon. According to co-general partner of the Mansour/Nagle Partnership Tony Mansour, last year was really great for the area. This sentiment was echoed by his partner, Kevin Nagle who explained that their “strategy that [they] began executing two years ago is yielding excellent results. The new tenants, offering a wide range of services, are loving the traffic and that attracts other great businesses.”
Some of the new businesses that have opened include: Blow Me Away, Coastline Travel Advisors, EDH Insurance Solutions, fitRide, Folsom Lake Eye Care, Tea Xotics and The Game Room Adventure Café. In the near future, these will be joined by C. Knight’s Steak House, Keller Williams, Paramount Equity Mortgage and Pure Barre.
Perhaps Norman Roos was correct in his article in Nico Rivolta promoting the benefits of starting a business in Sacramento when he said:
“Without question, Sacramento offers many features that appeal to the start-up community – attracting innovators and investors from all over. Real estate prices, both residential and commercial, are a big part of that appeal. In San Francisco the he median list price per square foot is $847, as opposed to the $164 required in Sacramento. This greater affordibility creates two benefits to startups: on one hand, it allows entrepreneurs to quickly and efficiently move into viable work spaces from which to launch their products and ideas, and secondly, it makes it easier for those same entrepreneurs to actually live in the community in which they work; something that has become near impossible for startups in the San Francisco area.”
Either way Sacramento seems to have quite a lot to offer for business owners in the region.