Continental East Development, a locally-based real estate development company focusing on commercial and large residential properties, today announced Submarina California Subs will be joining Antelope Square in February 2012. Confirmed tenants to the shopping center already include: anchors, Walgreens and Jack in the Box, as well as Schieffer Real Estate Group, Hole-N-One Donuts & Bagels, and JJ Revolving Sushi Bar & Chinese Restaurant. On the border of Murrieta and Menifee, Antelope Square is an 84,000 square foot retail center ideally located on the southeast corner of Scott Road and Antelope Road.
“Submarina California Subs is a well-known and successful franchise within the neighboring communities so we are thrilled to welcome them to Antelope Square,” said Lydia Percia, Vice President and Co-Founder, Continental East Development.
“My family has lived in the Valley for over 21 years and we are excited to bring Submarina to the Antelope Square Shopping Center. As Murrieta and Menifee continue to grow and develop, we look forward to being a part of the community and promoting business within the Valley as much as possible,” said Mauricio Gomez, JTJM, Inc.
Submarina will occupy a 1407 square foot space at 33040 Antelope Square, Suite 101. The franchise chose Antelope Square for its location and proximity to both Murrieta and Menifee and will be open every day from 10am to 9pm.
Continental East Development is striving to provide new food services along with other desired amenities that will help boost business in the area instead of forcing locals to shop and dine elsewhere. CED has revised Antelope Square’s previous development plans and changed the large location that was once slated as a bank pad to a much needed drive thru coffee shop and café/bistro with outdoor seating. The result will be an ideal spot for business lunch meetings and weekend dining with the family or a casual night out. Groundbreaking for the new Coffee Shop and Bistro is anticipated April 2012.
About Continental East Development
Continental East Development (CED) is a real estate development company with international resources. CED was launched in 2009 to take advantage of the distressed California real estate market and to acquire commercial and large residential properties with significant value-added appreciation opportunities.
Originally established in Orange County, California, CED’s current real estate investment focus has been concentrated on southwest Riverside County including properties located in Menifee, Moreno Valley, Murrieta and Temecula. CED is a financially secure, self- funded development company seeking new distressed real estate investment opportunities in California. To date, all CED real estate acquisitions have been debt-free. CED’s services include real estate acquisition, planning, design consultation, construction management and property management services. Some of the institutional real estate acquisitions of CED have included purchases from Comerica Bank, Central Pacific Bank, First California Bank, KeyBank and Bank Midwest. Continental East Development’s headquarters are located in Murrieta, California.