REP Commercial Negotiates Lease for $1.99 Jewelry & Boutique Store in Cerritos Triangle in Cerritos, CA

February 27, 2006 (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 for a new jewelry and gift boutique store in Cerritos, 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.

Franchisee $1.99 Jewelry & Boutique Store of Cerritos, CA signed a three-year lease for 1,337 square feet to open at Cerritos Triangle, located at the corner of 183rd Street and Gridley, in Cerritos. The value of the lease could not be disclosed. The tenant represented itself. David Morgan, based in REP Commercial’s Irvine office, represented the landlord, Fu Ta Investors, LLC.

$1.99 Jewelry & Boutique Store is slated to open at 11327 183rd Street in early April 2006. This is the first location for the $1.99 Jewelry & Boutique Store franchisee.


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.

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For more information about this transaction, please contact:

David Morgan
REP Commercial, Inc.
2569 McCabe Way, Second Floor
Irvine, CA 92614

(949) 585-7603 Phone
(949) 585-7631 Fax
dmorgan@repcommercial.com
www.repcommercial.com