REP Commercial Negotiates Lease for Self-Serve Laundry Center at Harbor Plaza in Fountain Valley, Calif.

October 13, 2005 (PRLEAP.COM) Business News
IRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company negotiated a lease at Harbor Plaza Shopping Center in Fountain Valley, 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.

PWS, Inc. of Los Angeles signed a 10-year lease for approximately 2,150 square feet to locate at Harbor Plaza at 16331 Harbor Boulevard and Edinger. The value of the lease could not be disclosed. PWS plans to open a self-service laundry center on December 31, 2005. This is an additional branch location for PWS.

David Morgan, based in REP Commercial’s Irvine office, represented the landlord, UNT ATIA Co. of Santa Ana, in the lease transaction. The tenant represented itself. REP Commercial is the exclusive leasing agent for Harbor Plaza, an approximate 41,340-square-foot neighborhood center.


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.