REP Commercial Negotiates for 1,295 SF Lease at Palisades Plaza in San Clemente, Calif.

IRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company negotiated a lease at the Palisades Plaza in San Clemente, Calif. for a new nail salon.

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.

Jimmi P. Nguyen of San Clemente signed a five-year lease for 1,295 square feet to locate at Palisades Plaza at 364 Camino de Estrella. The value of the lease could not be disclosed. The new nail salon is slated to open in early November 2005. This is the nail salon’s first location.

Palisades Plaza is an approximate 17,500-square-foot strip retail center that includes Kultured Kitchen (offering yogurt, sandwiches and salads), a bakery, a chiropractor, skin care and a mortgage company.

Evelyn Nash and John Moss, based in REP Commercial’s Irvine office, represented the landlord, KERAV, LLC of Mission Viejo, Calif. Amy Le of REMAX Goldenwest Realty of Garden Grove, Calif. represented the tenant. “The tenant chose this location due to the great demographics. Additionally, there are still three remaining spaces available at the center – 1,012 square feet, 1,182 square feet and a 2,000-square-foot dentist office.” REP Commercial is the exclusive leasing agent for Palisades Plaza.


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.