David Ahn from MEI Real Estate Services will be attending ICSC Recon in Las Vegas, NV, May 20-22. If you would like to meet with him, please do not hesitate to e-mail him at dahn@meirealty.com and he will make his best effort to see you there!

MEI Real Estate Services is pleased to announce that it has successfully negotiated signed leases for the first 5 locations of Dollar Loan Center in the Southern California market. Dollar Loan Center currently has over 55 locations in 4 states and is looking to open approximately 150 stores in California over the next 36-48 months. Matt Crawford was the lead broker in these lease negotiations.

MEI Real Estate Services is proud to announce the close of escrow for the sale of 2964 W. Valley Blvd., Alhambra, California. MEI Real Estate Services represented the Seller, US Bank, NA, as Trustee for Lehman Brothers. This is the tenth successful sales transaction by MEI Real Estate for the Seller.  Dennis Dillon was the lead broker in this sale.

MEI Real Estate Services is proud to announce the successful completion of an office lease transaction for 2,750sf at 1149 3rd Street in Santa Monica, CA. Dennis Dillon of MEI Real Estate Services represented the landlord and Commercial Brokers International represented the tenant, Doria International, Inc.

David Ahn, MEI’s VP of Asset Services recently contributed an article to the Journal of Property Management which was featured in the March/April 2012 issue.  The Journal of Property Management is affiliated with the Institute of Real Estate Management (IREM) and is considered the premier publication for the property management industry.  The article, entitled “CAM Audits: Making Dollars and “Cents” Of It All” explains how CAM Audits can work to benefit both the Landlord and Tenant.  Click HERE to read the article.

MEI Real Estate Services is pleased to announce the sale of an 11,000 SF retail building located on Degnan Boulevard in the Leimert Park area of Los Angeles.  MEI represented the Seller and Cushman & Wakefield represented the buyer.

MEI Real Estate Services is pleased to announce that Nick Putnam has joined its Los Angeles brokerage office.  A bright, hardworking associate, Nick relocated from Boston, MA to join the MEI Team.  Nick specializes in retail leasing and is working closely with Matt Crawford in placing over 100 Discount Loan Centers in retail locations throughout Southern California.  Nick will also focus on medical office use in the retail environment; he has previously worked in the medical equipment sales industry where he lead his company in sales nationwide.

MEI Real Estate Services is pleased to announce that DLC Empire has retained MEI to assist with its launch of its Dollar Loan Center consumer finance company in the California market. Dollar Loan Center currently has over 50 locations in 3 states and is looking to open approximately 150 stores in California over the next 36-48 months.

Laurie Nagle, VP Property Management, was honored recently at the MEI annual Company party with her first “MEI” (pronounced emmy).  MEI Real Estate Services’ presents the “MEI Statuette” to members of it’s management and brokerage teams that commit themselves to the highest level of  professionalism, consistently dedicating themselves to their careers in real estate and whom earn the trust and respect of their peers, associates and, the company’s clients while adding value to the company  and it’s clients real estate.  Laurie was honored by the company and her fellow employees for her 15 years of professionalism, dedication, and service as VP of Property Management. Laurie has diligently managed a portfolio of assets for a variety of owners during her tenure to the praise of the company’s clients and her associates.  Ed McKeegan, President of MEI, says “that Laurie has been an asset to the Firm for a long time. Her consistent 24/7 efforts in managing commercial retail properties while developing a positive and open relationship with her tenants and vendors has brought value to the company and the clients we serve. She is well deserving of this “MEI”.”

MEI Real Estate Services is pleased to announce the bridge loan funding of $500,000 on behalf of a long standing private investor. The subject property financed was a two tenant retail asset located in West Hollywood.  Congratulations to Matt Crawford of MEI Real Estate Services who directed the financing efforts.