Wilson Commercial Negotiates Lease for Tuesday Morning at the Lakewood Marketplace plus Two Other Leases in So. CA
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 marketplace, announces that the company negotiated the following leases: Coldstone Creamery signed a 10-year lease for 1,500 square feet for a total consideration of approximately $483,750 at Ladera Center in Ladera Heights; Tuesday Morning signed a 5-year lease for 9,500 square feet for a total consideration of approximately $638,400 at Lakewood Marketplace I in Lakewood; and Furniture Valley signed a 7-year lease for 9,270 square feet for a total consideration of approximately $1,135,760 at Mountaingate Plaza in Simi Valley.
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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 marketplace, announces the following recent lease transactions:
LOS ANGELES COUNTY
Ladera Heights
Coldstone Creamery signed a 10-year lease for 1,500 square feet for a total consideration of approximately $483,750 at Ladera Center, located at the northwest corner of Centinela Avenue and La Tijera Boulevard in Ladera Heights. The tenant, which was represented by MAS Real Estate of Scottsdale, AZ, is anticipated to open in early August 2006 at 5375-A Centinela. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for the Ladera Center and represented the landlord, Heidt Torres of Santa Monica, in the lease transaction.
Lakewood
Tuesday Morning signed a 5-year lease for 9,500 square feet for a total consideration of approximately $638,400 at Lakewood Marketplace I, located at 5436-B Woodruff Avenue in Lakewood. The tenant, which was represented by Colliers-Seeley in Irvine, is anticipated to open in early May 2006. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for Lakewood Marketplace and represented the landlord, Toibb Enterprises of Woodland Hills, in the lease transaction.
VENTURA COUNTY
Simi Valley
Furniture Valley signed a 7-year lease for 9,270 square feet for a total consideration of approximately $1,135,760 at Mountaingate Plaza, located at the northeast corner of Los Angeles Avenue and First Street in Simi Valley. The tenant, which represented itself, is anticipated to open in early May 2006 at 1157 Los Angeles Avenue. Wilson Commercial Real Estate of Los Angeles is the exclusive landlord representative for Mountaingate Plaza and represented the landlord, Mountaingate Associates, LLC of Portland, OR, 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.
Send an email to Anne Monaghan of Monaghan Communications
949-722-2933
Keywords:
Wilson Commercial, retail property, lease transaction
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