$1.3 Million is Only Bid Submitted For Oakley Plaza Property

On the date to receive sealed bids for the Oakley Plaza property, only one bid was received which was a $1.3 million offer from Rogelstand-Thorpe LLC. The principals of this company, Jerry Thorpe and Tony Rogelstad, are the owners of the existing ACE Hardware facility in Oakley and are partners in other nearby ACE Hardware stores.

Having seen how Government works in responding to RFP’s in the past, its a crap shoot if the City will require multiple bids or simply accept a single bid. With that said, I am happy to see Ace Hardware win the bid and believe the city should accept it as Ace will be an asset to that property and to downtown.

The bid for the property is $1,300,000 and, as required by the Invitation to Bid packet, included a development plan that includes the re-facade of the strip mall and the addition of about 12,300 of new retail construction attached to and behind the existing strip mall. The bidders have committed to construct a facade nearly exact to the facade that has been previously approved by the City Council.

The City of Oakley, acting through the Successor Agency to the Redevelopment Agency, invites sealed bids for the purchase of real property located at 3090 Main Street, Oakley, California, 94561. The property comprises approximately ±130,680 square feet of land (3 acres) and ±16,233 square feet of retail space improvements.

Via Staff Report: Bid Cover Letter

May 9, 2012

Rogelstad-Thorpe, LLC is pleased to present this offer to purchase land and building located at 3090 Main Street, Oakley, California, 94561.

Tony Rogelstad and I are the owners of Rogelstad-Thorpe, LLC, and also ThorpeCorp, doing business as Ace Hardware in Brentwood, Antioch, Pittsburg, and Oakley. Both Tony and I grew up in the San Francisco Bay Area, and have lived in East Contra Costa County for over thirty years, working and raising our families. Together, we have over 55 years of experience owning and operating Ace Hardware Stores, and we have been dedicated to building a successful retail hardware business in the East County for more than twenty years.

We became partners in 1996 in Brentwood, and moved and expanded the Brentwood Ace Hardware store in 1998. We purchased the Antioch Ace Hardware in 2001 followed by the Pittsburg Ace Hardware store in 2004. Both stores were completely remodeled and brought up to current Ace Hardware standards, and have continued to enjoy steady growth in their communities.

In the summer of 2006 we entered into an agreement with Hayden and Stacey Mullins to help liquidate M & L Ace Hardware on Cypress Ave. in Oakley so they could pursue other interests. The Mullins rented their building on Cypress Ave. to Kragen Auto Parts and ThorpeCorp found a temporary location at 305 4th Street, and opened the new “Oakley Ace Hardware” in October, 2007.

It has always been our desire to move our Oakley store from 4th Street to a more suitable location, and we are excited to have the opportunity to make that dream come true through this process. Our desire is to transform this property into an exciting new shopping center that complements the new designs of the City Center, and brings pride to the City of Oakley. Along with providing the additional services that an Ace Hardware of this size brings to a community, we will also be providing new local jobs and additional sales tax income for the City of Oakley.

We look forward to your response to our offer to purchase,

Jerry Thorpe
Rogelstad Thorpe, LLC


About burkforoakley

I call it like I see it . I love my city, I love my community and I want what is best for the people around me. Do the right thing, I will support you. Do the wrong thing, I will oppose you!
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One Response to $1.3 Million is Only Bid Submitted For Oakley Plaza Property

  1. Steve Barr says:

    Jerry Thorpe and Ace hardware are good people and they know how to do it right! They would be an asset to Oakley dowtown as they are in Brentwood.

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