Construction of giant Visalia industrial building complete
As of early August of this year construction of the 1.27 million square-foot industrial building at 4001 N. Plaza in Visalia is complete.
So confirms Pat Daniels of Cap Rock Partners, based in Newport. Built as a speculative building, the approximate $100 million investment has yet to attract a tenant although the marketing company talking to possible tenants says they have good interest. Cap Rock built two other large ‘spec’ buildings nearby, both filled by Amazon. It appears Amazon will not take this third complex however. Industrial activity in Visalia has slowed in the past year as it has nationwide, although there are numerous large projects in the pipeline here.
Alejandra’s Mexican restaurant expected to open in October
More than two years after an arson-caused fire claimed the building occupied by popular Mexican restaurant Alejandra’s and next-door sandwich store Jimmy Johns, reconstruction of the Mexican restaurant continues this week.The building itself is owned by the Franey family.
Owner, Roque Salinas says they are several months behind where they thought they would be by now, but expects to open in October to the great relief of many Visalia customers. Next-door Jimmy Johns is open for business. At Alejandras “they’re putting in tile in the restaurant right now, ” says Roque.
The Mix wants outdoor dining
On Main Street in Visalia, the new food court eatery called The Mix has filed plans with the city to put in 4 outdoor tables for street side dining.
Nordstrom racks up profits
Retailer Nordstrom with a new location Visalia has reported good sales in 2024 after several rough years.
Financial reports say in the last couple of quarters,” momentum has been growing at Nordstrom Rack (located at the Sequoia Mall) and has helped prop up the company’s overall results. During the quarter, sales at Nordstrom Rack were up 8.8%, while comparable sales increased 4.1% compared to the same period a year ago.”At the department store division sales increased by 0.9%
CapRock’s new building enjoys access just off Plaza Dr