REP Commercial Negotiates 5-Year Lease for Western Pacific Escrow at Del Amo Square in Lakewood
May 05, 2006 (PRLEAP.COM) Business NewsIRVINE, CA – REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company represented Western Pacific Escrow in a lease transaction at Del Amo Square shopping center in Lakewood, 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.
Western Pacific Escrow signed a five-year lease for 1,262 square feet at Del Amo Square located at the corner of Del Amo and Palo Verde Avenue in Lakewood. The value of the lease could not be disclosed.
Brian Russell, based in REP Commercial’s Irvine office, represented the tenant in the lease transaction. Jennifer Meade of Festival Management Corp. of Los Angeles represented the landlord, Palo Verde Partners, LLC of Los Angeles. The tenant is expected to open at the beginning of June 2006 at 4900 Palo Verde Avenue.
“The tenant relocated from across the street to a larger and newer space in Del Amo Square,” says Brian Russell of REP Commercial.
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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