REP Commercial Negotiates Two Leases at Brighton Plaza in Montclair, Calif. for Excell Realty & What A Lot A Pizza
May 03, 2006 (PRLEAP.COM) Business NewsIRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company negotiated leases for Excell Realty & Bristol Home Mortgage and What A Lot A Pizza at the recently completed Brighton Plaza in Montclair, Calif.
REP Commercial, which is a full-service commercial real estate brokerage and management services company specializing in the sale, leasing, repositioning, management and disposition of client properties, is the exclusive leasing agent for Brighton Plaza.
Excell Realty & Bristol Home Mortgage of Montclair signed a five-year lease for 2,139 square feet. The tenant is scheduled to open in early May 2006 at 4545 Mission Boulevard, Suite A. This is the tenant’s first location.
GNN Pizza, Inc., a California Corporation, signed a 10-year lease for an 866-square-foot What A Lot A Pizza franchise store to locate at 4545 Mission Boulevard, Suite B. The tenant, which was represented by Katherine Hunt of Lee & Associates in Riverside, is scheduled to open in early June 2006. This is an additional location for the franchisee. What A Lot A Pizza only offers carry-out pizza. There is no delivery or in-house dining or other food items offered.
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 in Irvine are the exclusive leasing agents for Brighton Plaza and represented the landlord, Brighton Retail Plaza, LLC, and Excell Realty in these lease transactions. The value of the leases could not be disclosed.
According to the project’s leasing agent Tway, the 6,800-square-foot multi-tenant retail pad building located adjacent to the newly opened McDonald’s restaurant, is now fully leased. “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.
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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