REP Commercial Negotiates Two Leases at Brighton Plaza in Montclair, Calif. for Subway Sandwiches and Mission Video Store
January 18, 2006 (PRLEAP.COM) Business NewsIRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company negotiated two leases at the recently completed Brighton Plaza in Montclair, Calif.
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.
Subway Sandwiches signed a five-year lease for 1,197 square feet and Mission Video of Montclair signed a five-year lease for 1,732 square feet to locate at the new retail development. The value of the leases could not be disclosed. Subway Sandwiches, which was represented by Matt Adamczyk of Sachse Real Estate of Beverly Hills, is scheduled to open in late March 2006. Mission Video of Montclair, which represented itself, is expected to open in February 2006.
The property is located at the southeast corner of Mission and Ramona in the City of Montclair and is situated on 1.28 acres. Thomas Tway and Terry Parker of REP Commercial Brighton are the exclusive leasing agents for Brighton Plaza and represented the landlord, Brighton Retail Plaza, LLC, in these lease transactions. The William Fox Group of Ontario is the project’s architect.
McDonald’s restaurant is currently under construction and should open in mid summer 2006. According to the project’s leasing agent Tway, the 6,800-square-foot multi-tenant retail pad building located adjacent to McDonald’s, has one end cap space and two inline spaces still available for lease. “This property is also adjacent to new homes with more homes currently being constructed. Additional retail development is scheduled for the immediate surrounding area,” Tway adds.
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.
# # #
For more information on Brighton Plaza, please contact:
REP Commercial, Inc.