Coldwell Banker CommercialNorthern California Retail Division

Construction Underway - Ulta Beauty, Chico

Ground has broken in Chico for one of the nation's most exciting and fastest growing retailers, often described as the "home depot of beauty".  Identified as one of Fortune Magazine's fasted growing companies, Ulta Beauty will open a new 10,000 square foot store in front of Costco in Chico this fall.  Ulta Beauty (NASDAQ:ULTA) offers more than 20,000 beauty products and operates full-service salons in all of its stores. The entire salon area is approximately 950 square feet with a concierge desk, skin treatment room or dedicated skin treatment area, semi-private shampoo and hair color processing area. Each salon is full-service, offering haircuts, hair coloring and texturizing. The salons also provide facials and waxing.  To date, the company has opened up 774 stores in 47 states.  The 10,000 square foot store is being built by Kitchell Development Company.  The lease was handled by Mike Donnelly of Coldwell Banker Commercial representing the Landlord and Mike Metzger of Sierra Pacific Retail Group, Inc. representing the Tenant.