Wilson Commercial Negotiates Seven Lease Transactions in Southern California & Central Valley in the Last 30 Days
November 30, 2005 (PRLEAP.COM) Business News
Wilson Commercial Real Estate of Los Angeles, the largest Landlord representative brokerage firm representing institutional and professional retail property owners on an exclusive basis in the Southern California and Central Valley marketplace, announces the following recent Lease transactions:LOS ANGELES COUNTY
Los Angeles
Wells Fargo signed a 5-year lease for an ATM at Hollywest Promenade located at the northeast corner of Hollywood and Western in Los Angeles. Wells Fargo, which was represented by McGann Edwards Commercial of Los Angeles, is expected to be open in early January 2006. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for Hollywest Promenade and represented the landlord, Shooshani Developers of Los Angeles, in the lease transaction.
Valencia
Martial Arts Studio signed a 5-year lease for 2,550 square feet for a total consideration of approximately $591,795 at Gateway Plaza in Valencia. The tenant, which represented itself, is anticipated to open in early January 2006 at 28305-28307 Rye Canyon, Suite #3D-E. Wilson Commercial Real Estate of Los Angeles, along with Kirnan Commercial of Woodland Hills, are the exclusive landlord representatives for Gateway Plaza, and represented the landlord, RKR, Inc. of Encino, in the lease transaction.
Westlake Village
Bistro Americana restaurant signed a 10-year lease for 3,819 square feet for a total consideration of approximately $1,636,478 at Westlake Landing in Westlake Village. The tenant, which represented itself, is anticipated to open in early March 2006 at 32131 Lindero Canyon. Wilson Commercial Real Estate of Los Angeles, along with Kirnan Commercial of Woodland Hills, are the exclusive landlord representatives for Westlake Landing, and represented the landlord, Dolphin Partners of Irvine, in the lease transaction.
ORANGE COUNTY
Fullerton
Advance America signed a 5-year lease for 1,360 square feet for a total consideration of approximately $216,700 at the Fullerton Crossroads in Fullerton. The tenant, which was represented by Commercial Retail Associates of Fresno, is anticipated to open in early February 2006 at 3326 Yorba Linda Boulevard. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for the Fullerton Crossroads and represented the landlord, The Uhlmann Offices in Sherman Oaks, CA, in the lease transaction.
TULARE COUNTY
Visalia
Fresh Cleaners & Extreme Nextel signed leases at Visalia Marketplace in Visalia. Fresh Cleaners signed a 10-year lease for 2,200 square feet for a total consideration of approximately $542,879. The tenant, which was represented by Commercial Retail Associates of Fresno, is anticipated to open in early February 2006 at 3533 W. Noble Avenue. Extreme Nextel signed a 5-year lease for 1,149 square feet for a total consideration of approximately $141,158. The tenant, which represented itself, is anticipated to open in mid January 2006 at 3539 W. Noble Avenue. Wilson Commercial Real Estate of Los Angeles, along with ZEEB Commercial of Visalia, are the exclusive landlord representatives for Visalia Marketplace, and represented the landlord, The Uhlmann Offices of Sherman Oaks, in the lease transactions.
VENTURA COUNTY
Simi Valley
Carvel Ice Cream signed a 5-year lease for 1,350 square feet for a total consideration of approximately $252,113 at Sycamore Village in Simi Valley. The tenant, which was represented by Main & Main of Santa Monica, is anticipated to open in early August 2006 at 3070 Cochran Street. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for Sycamore Village and represented the landlord, F.A.F. Investment Company of Beverly Hills, in the lease transaction.
About Wilson Commercial Real Estate (WCRE)
With headquarters in Los Angeles, Calif., Wilson Commercial Real Estate (WCRE) is the largest Landlord representative brokerage firm representing institutional and professional retail property owners on an exclusive basis in the Southern California marketplace. Founded in 1990, WCRE specializes in leasing neighborhood and community anchored shopping centers and additionally provides sales and consulting services within the client’s portfolio. WCRE has earned a reputation for its results-oriented process, expertise, integrity and professionalism. Currently, WCRE represents more than 10 million square feet of retail space in 50 shopping centers throughout Southern California. For more information, visit the Company’s website at www.wcre.net or call 310.473.4424.