Founded by Michael Rue in 1985, Marketplace Properties a respected development and management firm, is known for long term thinking and treating people right.
"I've had the pleasure to work with Marketplace for over 10 years. They're very professional and have always done what they said they would do. I would highly recommend them for any type of retail development."
Ron Pepper - Retail Insite
Marketplace Properties was founded in 1985 by Michael Rue and is based in Tustin, California. It has developed 24 successful neighborhood shopping center projects in California and Arizona. Marketplace also owns properties in Colorado, Ohio, Texas, Louisiana and Georgia.
Primarily the projects are anchored by a supermarket and or drugstore such as Albertson’s, Henry’s Farmers Market, Ralphs and/or CVS, Walgreens or Rite Aid. They have also worked with some of the premier ethnic supermarket and retail chains such as Gigante, El Tapatio Markets, Saigon City Marketplace and Famsa.
Marketplace’s primary focus is commercial retail and has experience in mixed-use development. Of the projects it has developed, one-half are the rehabilitation or remodel of existing commercial properties and the other one-half are new construction projects.
Marketplace has been awarded numerous times by various municipalities in recognition for design excellence as well as retail development projects of the year. They take special pride in their work and strive to leave every project taken on far better than it was found.
Since its inception, Marketplace has developed over 1,500,000 square feet of leasable building area at a value of over $250,000,000.
Marketplace Properties is also involved in the craft beer and real estate software businesses:
The Bruery, a boutique craft brewery located in Orange County, CA specializing in barrel aged and experimental ales. Founded as a small, friend & family run business in 2008, The Bruery takes it’s unique moniker from founder Patrick Rue’s family surname. www.thebruery.com
Based on our experience managing real estate there is never a lack of things that need to get done. So we developed Common Areas, a free software application to make it easier to communicate with the people you work with, with total clarity, accuracy and immediacy. It's simple to use, and let's you create action items with text, images and even geo-pinpoint location. So you can get all your tasks done. Right. Now. www.commonareas.com