Mr. Cumbelich is the founder and Chief Executive Officer of John Cumbelich & Associates. Headquartered in Walnut Creek, CA, the firm has been responsible for several of the highest profile retail real estate transactions in Northern California since its inception in 2000.
John has more than 30 years of retail real estate experience and has personally been involved in transactions totaling in excess of $3.5 billion. He has successfully built one of the most respected retail real estate firms in the west and the leading independent retail firm in the San Francisco Bay Area. The firm focuses on the following business lines: the representation of premier retailers and restaurants; the representation of select high profile retail centers, High Street leasing, and investment sales in the Bay Area’s premium retail sub markets.
Mr. Cumbelich is perhaps best known for his role in sourcing several of the landmark ground up developments of the past generation in the Bay Area. Some of the major new developments sourced and sold by John include The Corners in downtown Walnut Creek (Tiffany & Co, Apple, GAP), Plaza San Jose (19 acres, Target), Jones Ranch (27 acres, Lowe’s), East Washington Place (34 acres, Target), Sycamore Crossing (13 acres, Lewis Retail Centers) and Bayside Marketplace (17 acres, Wal Mart).
John has worked on behalf of many of the nation’s premier retailers, including: Bank of America, Cost Plus World Market, Dunkin’ Brands, El Pollo Loco, Jared Jewelry, Kroger, Lowes, Petco, Pier 1 Imports, Smart & Final and Sport Chalet.
When engaged on leasing assignments for owner and investor clients, he has completed transactions with several of the most prized retailers in America, including: Apple, AT&T, Bank of America, BevMo, Dick’s Sporting Goods, GAP, Hobby Lobby, Home Depot, Orchard Supply Hardware, Paper Source, PetSmart, Pottery Barn, Restoration Hardware, Sprouts, Starbucks, Stein Mart, TD Ameritrade, Tommy Bahamas, Vineyard Vines, Walgreens, Walmart, Wells Fargo, Whole Foods and Z Gallerie.
Several of the most respected owners and investors in the industry have trusted Mr. Cumbelich and his firm in the representation of their Northern California assets, including: BlackRock, Browman Development Company, Cortese Investments, DDR, Essex Property Trust, Lewis Retail Centers, Regency Centers, UBS Realty Advisors and Urban Edge Properties.
John is a founder of X Team International, a partnership of 35 North American brokerage firms, and he served both as President of the organization and as a board member. He is a member of the International Council of Shopping Centers (ICSC) and has served as Chairman of the Northern California Conference on multiple occasions. Throughout his distinguished career, John has also served as an advisor to local municipalities and institutions alike, such as the City of Walnut Creek, the City of Hercules and Mills College of California. John has served as a speaker and commentator both at industry conferences and in both regional and national publications including The San Francisco Business Times, Shopping Center Business, BISNOW and GlobeSt.com.
EducationMr. Cumbelich holds a Bachelor of Arts degree from the University of California at Berkeley.
AffiliationsMr. Cumbelich is a member of the International Council of Shopping Centers and has been Chairman of the Northern California Idea Exchange on three occasions. He is also a board member emeritus of X Team International.
Major Lease & Sale TransactionsSycamore Crossing, Hercules (13 acres) – sold 2016
Mercer, Walnut Creek – sold 2016
1500 Walnut Creek (Vineyard Vines) – leased 2015
1280 Willow Pass, Concord (Hobby Lobby) – sold 2014
The Village, Walnut Creek – leased 2013
Walmart (San Ramon), Kroger (Oakland) – leased & sold 2012
Broadway Pointe, Walnut Creek (Pottery Barn) – leased 2011
Downtown Pleasant Hill – (385,000 SF) – sold 2010
DDR Mervyn’s Portfolio – leased 2009
Jones Ranch, Concord (Lowe’s) – sold 2008
1556 Mt. Diablo Blvd, Walnut Creek (Vornado) – sold 2007
Kroger Portfolio – sold & leased 2005/2006
East Washington Place, Petaluma – (34 acres) – sold 2004
Plaza San Jose – (Target) – sold & leased 2004
The Corners, Walnut Creek (Tiffany & Co, Apple) – leased 2003
Delta Gateway, Pittsburg (In-N-Out Burger, Circuit City) – sold 2002
Browman Development Company
Essex Property Trust
Lewis Retail Centers
UBS Realty Advisors
Urban Edge Properties