New Multi-Tenant Retail Building Under Construction in Montclair, Calif. — REP Commercial, Inc. is the Exclusive Marketing & Leasing Agent
October 11, 2005 (PRLEAP.COM) Business News
IRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc. is the exclusive marketing and leasing agent for Brighton Plaza in Montclair, Calif.
McDonald’s restaurant is scheduled to break ground soon and will anchor Brighton Plaza. The 6,800-square-foot multi-tenant retail pad building, adjacent to McDonald’s, is in the final construction stage and should be ready for tenant occupancy by December 2005.
REP Commercial’s project team members, Terry Parker and Thomas Tway, are targeting quick-serve food tenants and other retail users for the project. Lease rates range from $2.00 to $2.50 net per square foot based upon the size and location.
Brighton Plaza offers easy access from the 10 and 60 freeways. “Within a three-mile radius of this new development, there are 196,912 people with an average household income of $52,933,” says Thomas Tway of REP Commercial, based in the company's Irvine office. “Additionally, retailers will benefit from the number of newly completed homes located adjacent the site.”
The property is located at the southeast corner of Mission and Ramona in the City of Montclair and is located on 1.28 acres. Brighton Retail Plaza, LLC is the developer and general contractor. The William Fox Group of Ontario is the project’s architect.
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.