• Former Greyhound Bus Station Will Become New Retail Center

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    New Retail Center

    Previously home to the City of Redding Greyhound Bus depot, 1321 Butte Street has had a long history in the Redding community for being the center of attention. With buses traveling in and out of downtown starting as far back as the 1940s, the station nally closed in 2010 and Greyhound moved to a smaller location approximately 3 blocks away. As a result, the property hit the market and was purchased by a local medical billing company. The owners of California Physicians Reimbursement, Inc. purchased the building in January of 2011 with the intent of joining the burgeoning downtown cultural scene and revitalization. Currently, a 25,232 square foot, two-story building has been designed for the site by architect Scott Gibson. While the rst -oor is available for lease, the second -oor is designed for the California Physicians Reimbursement, Inc. company, and will also feature two additional high-end apartments.

    Dean and Jane White, the owners of the 1321 Butte Street Property, are excited to partner with the city in their e ort to bring new businesses to the area. “We feel a strong sense of resonsibility to employees and the city to put in a building to compliment the changes that the city and business community are looking for.” Coupled with the retail experience of the architect Scott Gibson, and leasing experience of the Haedrich & Co., Inc. team, Dean and Jane are excited to discuss leasing opportunities with all tenants. The building’s approximate completion date is scheduled for October.

    About Haedrich & Co., Inc.:

    Haedrich & Co., Inc. is a full-service commercial real estate firm established in 1985. As our primary mission, the firm seeks to professionally serve its clients in making well-educated decisions concerning the use, management and operation, acquisition or disposition of commercial real estate. The firm specializes in commercial property valuation, investment analysis, and market analysis for all sectors of commercial real estate. As well as providing skilled negotiation of sale and lease transactions, property management services, and escrow services.