MEI Real Estate Services is pleased to announce that it has successfully negotiated a lease for The Ice Cream Lab’s first location in Beverly Hills. The Ice Cream Lab is a unique liquid nitrogen ice cream bar that uses 100% organic ingredients, and is the first real ‘made to order’ ice cream shop in Los Angeles. The experience is truly one of a kind. You can visit www.theicecreamlab.com for more information and shop location details.
Dollar Loan center is the largest provider of short term loans in Nevada and it is currently expanding into the California market. MEI Real Estate Services is proud to be a part of this expansion, and we are pleased to announce that we have successfully negotiated a total of 23 leases for Dollar Loan Center in the LA Basin, and that 20 of these 23 stores are now open. This was the first phase for DLC’s expansion into the California market, and MEI plans to continue working with Dollar Loan Center through additional expansion projects. The phase 2 expansion for Dollar Loan Center is planned to start in early 2013. Visit their website at http://www.dontbebroke.com/ for location information.
In early September, MEI Real Estate’s Dennis Dillon and his team, Dillon’s Demons, completed their 11th annual bike ride to raise funds in the fight against Multiple Sclerosis. This year’s ride was in the Hampton’s in Long Island, New York where the Demons team was ride’s the top fundraiser with a total of more than $22,000 raised! These funds are used to not only support research for a cure tomorrow, but also to provide programs which address the needs of people living with MS today. Many thanks go out to all who donated to the ride! If you’d like to learn more about the fight against MS and 400,000 people living with MS in America, please visit the Dillon’s Demons team page at: http://main.nationalmssociety.org/goto/dillonsdemons
Los Angeles- On behalf of a private investor, Matt Crawford of MEI Real Estate Services has secured a $1.5 Million 20-year fixed loan with a Life Insurance Company on a retail project located in Los Angeles, California. The borrower intends to use $1 Million of the proceeds to invest in a joint venture with MEI Real Estate.
David Ahn, MEI’s VP of Asset Services recently contributed an article to the Journal of Property Management which was featured in the September/October 2012 issue. The Journal of Property Management is considered the premier publication for the property management industry and is affiliated with the Institute of Real Estate Management (IREM). The article, entitled “Left or Right Brain Dominant? Firms with Management and Leasing Under One Roof Can Be Both” explains common misconceptions of firms that have both property management and leasing services, and describes how having both sides under one roof is in fact beneficial in a handful of ways. Click HERE to read the article.
MEI Real Estate Services is pleased to announce that it has successfully negotiated signed leases for a 12,100 square foot expansion space for Anna’s Linens in the Northridge Plaza Shopping Center.
MEI Real Estate Services is pleased to announce that it has successfully negotiated signed leases for an additional 10 locations of Dollar Loan Center for their Southern California expansion. Dollar Loan Center currently has over 70 locations in 4 states and is looking to open approximately 150 stores in California over the next 36-48 months.
MEI Real Estate Services is proud to be a guest speaker at the Beverly Hills Greater Los Angeles Association of Realtors Commercial Real Estate Committee’s Commercial Marketing Session on Wednesday July 18, 2012. MEI will be discuss joint venture opportunities and basic structure outlines. For more information please contact info@meirealty.com or the association at www.bhglaar.com.
MEI Real Estate Services is pleased to announce that it has successfully negotiated signed leases for an additional 3 locations of Dollar Loan Center for their Southern California expansion. Dollar Loan Center currently has over 60 locations in 4 states and is looking to open approximately 150 stores in California over the next 36-48 months.
MEI Real Estate has been contracted to oversee a $2M remodel in the famous Beverly Hills Golden Triangle. The project is a historic mixed use retail/office building that will receive improvements to the facade, lobby, and interior offices and include the addition of an elevator and advanced HVAC systems. Upon completion, MEI will oversee the leasing of the office space and continue management of the asset. For more information, please contact info@meirealty.com.