REP Commercial Negotiates Two Leases at Cerritos South Shopping Center in Cerritos, Calif. — Shopping Center is now 100% leased

IRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company negotiated two leases at the Cerritos South Shopping Center in Cerritos, Calif. The center is now 100% leased.

REP Commercial is a full-service commercial real estate brokerage and management services company specializing in the sale, leasing, repositioning, management and disposition of client properties.

Value Business Brokers, a business opportunity real estate company, signed a three-year lease for 1,729 square feet to locate at Cerritos South Shopping Center at 11328 South Street. The value of the lease could not be disclosed. Value Business Brokers is slated to open mid October 2005. This is Value Business Brokers’ first location.

All American Real Estate and Mortgage, real estate and mortgage office, signed a three-year lease for 1,573 square feet to locate at Cerritos South Shopping Center at 11318 South Street. The value of the lease could not be disclosed. All American Real Estate and Mortgage is slated to open mid October 2005. This is All American Real Estate and Mortgage’s third location.

Cerritos South Shopping Center is an approximate 52,000-square-foot neighborhood center that includes Hofs Hut Restaurant.

David Morgan, based in REP Commercial’s Irvine office, represented both the tenants, Value Business Brokers and All American Real Estate and Mortgage, and the landlord, Cerritos South Street Investors, LLC, in the lease transactions.


About REP Commercial, Inc.

REP Commercial is a dynamic, full-service commercial real estate brokerage and management services company specializing in the sale, leasing, repositioning, management and disposition of client properties. As a majority owned subsidiary of one of the fastest growing privately funded real estate investment and management firms in the nation, Real Estate Partners, Inc., REP Commercial capitalizes on its highly experienced executive teams, a nationwide network of brokers and affiliates, and proprietary technological advantages to provide exceptional performance in every facet of its business. Headquartered in Irvine, California, the firm aggressively pursues investor and tenant opportunities in all major real estate markets. Providing clients with real estate service unparalleled in the industry, REP Commercial maximizes each opportunity through a suite of creative value-added services, industry relationships and market knowledge. For more information, visit www.repcommercial.com or call 949.585.7640.