Brixton Capital Welcomes Burlington Stores to Lineup of National Retailers Anchoring its Reimagined Sherwood Place
STOCKTON, CA – (Nov. 2, 2022) – Brixton Capital (“Brixton”) will soon welcome Burlington Stores, a major off-price retailer offering WOW deals on customers’ favorite brands for the entire family and home, to its reimagined shopping center Sherwood Place in Stockton, California. The retailer is slated to open the doors to its second Stockton location ahead of the 2022 holiday season.
The new Burlington store is part of Brixton’s ongoing redevelopment of Stockton’s former Sherwood Mall—now renamed Sherwood Place. Brixton acquired the 511,242-square-foot shopping, dining and entertainment center anchored by an interior retail mall in 2017. Envisioning Sherwood Place’s future as a vibrant lifestyle center, Brixton began modernizing and converting it from a mall in early 2022 to a new exciting destination.
“Brixton’s revitalization of Sherwood Place will provide the Stockton community with an energized and convenient outdoor-shopping experience with robust retail, entertainment, and dining offerings,” said Brixton Capital’s Vice President of Development Justin Long. “The addition of Burlington gives our customers another well-known and trusted brand to round out their shopping experience.”
Sherwood Place, located at 5308 Pacific Ave., is home to a lineup of retail, family entertainment and fast-food companies including Best Buy, Dick’s Sporting Goods, Home Goods, Petco, Ulta, and SkyZone along with Macy’s and In N Out Burger. The center will debut the specialty grocer Sprouts Farmers Market’s first Stockton location in early 2023 along with T-Mobile, which is moving to a new location within the center.
Burlington will be positioned next to Sprouts Farmers Market and Best Buy. Eric Li of Brixton and Chris Sills of Lee & Associates manage leasing for Sherwood Place.
About Brixton Capital
Brixton Capital is a preeminent private real estate investment firm that seeks to generate outstanding, risk-adjusted returns by unlocking embedded value in commercial real estate transactions spanning all property types. Headquartered in San Diego County’s Solana Beach, California, Brixton is led by a team of seasoned commercial real estate experts with an average of more than 25 years of experience. Brixton currently owns and operates a portfolio valued in excess of $1 billion, representing over 10 million square feet of retail, multi-family, office and land investments across the United States and Europe. For more information, visit www.brixtoncapital.com.
ABOUT BURLINGTON STORES, INC.
Burlington Stores, Inc., headquartered in New Jersey, is a nationally recognized off-price retailer with Fiscal 2021 net sales of $9.3 billion. The Company is a Fortune 500 company and its common stock is traded on the New York Stock Exchange under the ticker symbol “BURL.” The Company operated 877 stores as of the end of the second quarter of Fiscal 2022, in 46 states and Puerto Rico, principally under the name Burlington Stores. At Burlington, customers will be amazed to find their favorite brands and the latest trends at a fantastic value with fresh, seasonal items arriving regularly. The Company delivers savings at up to 60% off other retailers’ prices every day on a wide assortment of merchandise including everything for ladies, men, kids, baby, along with home décor. Shoppers are sure to discover amazing finds at wow prices in store every day. For more information about the Company, visit www.burlington.com.