REP Commercial Represents Tenant for 5,367 Sq. Ft. at Koll Center in Newport Beach

IRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company represented the tenant in a lease transaction at the Koll Center in Newport Beach, CA.

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.

Barry, Gardner & Kincannon, a law firm, signed a three-year lease for 5,367 square feet at the Koll Center located at 5000 Birch Street in Newport Beach. The value of the lease could not be disclosed.

Bo Jones and Dawson Davenport, based in REP Commercial’s Irvine office, represented the tenant in the lease transaction. John Weiner of CB Richard Ellis in Irvine represented the landlord, Cornerstone Partners IV, LLC of Newport Beach. The tenant is expected to occupy the space at the beginning of June 2006.

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.

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