Newswire Mann Report

Three NorCal Affiliates of X Team Retail Advisors Form Regional Brokerage Alliance

From left: John Cumbelich, Steve Edwards and James Chung (Photo courtesy of X Team Retail Advisors)

A trio of X Team Retail Advisors’ affiliates in Northern California have formed a regional alliance that covers a footprint encompassing San Francisco, San Jose, the East Bay, and Sacramento. The formalized partnership involves The Econic Company in the South Bay with offices in Campbell, Stockton and Walnut Creek; John Cumbelich & Associates, based in the East Bay and The Edwards Company in Sacramento.

Combined, the three firms count 29 professionals in five office locations throughout the region and completed assignments spanning all nine Bay Area counties, the Sacramento, and Central Valley markets, as well as the Monterey Peninsula.

The transactional activity and consulting engagements by these three firms are primarily centered on regional leasing rollouts for national retail brands, shopping center developments and project leasing assignments, representing one of the most productive networks in the region. The firms are members of the X Team national alliance and formulated this strategic partnership in Northern California to elevate the brokerage offering in the region.

The Edwards Company has completed every Walmart lease or purchase transaction in the region, and manages real estate for anchors including Dick’s Sporting Goods, Topgolf, Ross Stores and Trader Joe’s. The Econic Company’s user clientele includes Life Time, Chick-fil-A, Gelson’s and Salon Republic. John Cumbelich & Associates user clientele includes RH (formerly Restoration Hardware), King’s Fish House, Smart & Final and El Pollo Loco.

“This partnership between three affiliates in Northern California is a natural extension of the X Team platform, which was formed as a national retail real estate resource for retailers and landlords,” said X Team President Dave Cheatham. “I expect we will continue to see collaborations like this emerge among X Team affiliates because they reflect clients’ need for a wide lens, strategic advice and local execution.”