MEI Real Estate Services negotiated the lease for a national-credit retail tenant in Torrance, California, The prime location at Best Plaza in Torrance will be transformed into an upscale retail concept, with a scheduled opening of business in late September. The center’s prominent location, excellent signage and extreme daytime traffic poses as the perfect location for […]
MEI Real Estate Services is pleased to announce the successful refinancing of one of its long-time client’s buildings at 116 Santa Monica Blvd. in Santa Monica. MEI sourced the $4.8 million loan and negotiated favorable terms with Citizen’s Business Bank in Manhattan Beach, California. The subject property is leased on a long-term-lease to the well-known […]
MEI Real Estate Services is extremely pleased to announce the closing of a retail property in Orange, CA. The property at 820-850 N. Tustin Avenue consisted of two buildings on two separate parcels, one which was encumbered by a ground lease. The buildings are a part of a larger shopping center, Tustin Mayfair Plaza, and […]
MEI Closes 5-Year lease extension for Spires Restaurant in Lawndale, CA. The tenant has been at the property since 1990 when the commercial center was built, and the center, Spires Court, is named after the chain. Dennis Dillon from MEI represented the Landlord, and the extension features annual increases at market rents throughout the 5-year term.
MEI Real Estate Services is pleased to announce the securing of $6,000,000 in financing for a 10,645 SF office/retail building north of Wilshire Boulevard, on 3rd Street in Santa Monica, CA. MEI placed the $6,000,000, 10-year loan/LOC facility through Citizens Business Bank.
MEI Real Estate Services negotiated the lease for a 2,720 square foot retail space to an incoming fitness use in Santa Monica, California, The prime location at Wilshire and 3rd Street Promenade will be transformed into an upscale fitness club concept. This suite’s unique look, prominent location, 2-story bow truss ceilings, and extreme foot traffic […]
Chelsea and Dennis of MEI Real Estate Services close a 5-year, 4,686 SF Penthouse Office Suite deal valued over $1.7 Million. Situated on the top floor of the luxury office building at 1149 3rd Street Promenade, this office suite boasts 6 private decks/ patios, ocean breezes, and downtown views overlooking the world-famous 3rd Street Promenade […]
MEI Real Estate Services is excited to announce the conclusion of retail leasing at 4840 N. 83rd Avenue in Phoenix AZ. Situated at the intersection of N. 83rd and Camelback in Phoenix, this Multi-Tenant Building is in a Walgreens and Grocery Anchored Center surrounded by national tenants. The property is owned and managed in-house by […]
Chelsea with MEI Real Estate Services and Matt with Manhattan Commercial Group close a 4,800 SF lease transaction for a freestanding building in Culver City, California. They were retained as brokers to sublease the space at 5424 Sepulveda Boulevard for the former tenant and were successful in negotiating a new 5-year lease at market rates […]
MEI Real Estate Services is excited to announce the conclusion of office suite leasing at 1301 Montana Avenue in Santa Monica, CA. The mixed use, retail/office property had 3 dual-level creative loft suites and one coupla suite that were leased at terms and rental rates meeting or exceeding the Landlord’s terms. Suites were improved and […]