Portfolio totals approximately 400,000 square feet
NEWPORT BEACH, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firmannounced that it has been named the exclusive leasing agent for three shopping centers in Long Beach and one in Cerritos totaling approximately 400,000 square feet.
NEWPORT BEACH, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firmannounced that it has been named the exclusive leasing agent for three shopping centers in Long Beach and one in Cerritos totaling approximately 400,000 square feet.
Terrison Quinn, associate, Mark Baziak, senior vice president, and Peter Spragg, associate, all with Grubb & Ellis’ Newport Beach office will manage leasing for the four centers, which are owned by Bixby Land Company, a Newport Beach-based private REIT and real estate investment and development firm.“These centers all offer the opportunity to secure shop space in a heavily trafficked market area with strong anchor tenants,” said Quinn.
The three Long Beach centers are located in the densely populated area near the Traffic Circle, a roundabout at the intersection of Lakewood Boulevard, Pacific Coast Highway and Los Coyotes Diagonal.
Vons Circle Center (top left photo) is a 150,000-square-foot center bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Vons, Rite Aid and Ross Dress for Less. Available shop spaces range from 2,000 to 2,392 square feet.
Located across the street from Vons Circle Center is Circle Center West. (middle right photo) The 65,000-square-foot center is also bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Marshalls and In-N-Out Burger. There is one 1,400-square-foot shop space available.
Circle Center, (bottom left photo) which encompasses 80,000 square feet, is located at the intersection of Lakewood Boulevard and Los Coyotes Diagonal. Anchors include Ralphs and CVS. Available shop spaces range from 780 to 2,880 square feet.The fourth center is Lincoln Station, (top right photo) a 92,000-square-foot property located at 11900 South St. in Cerritos. Anchors include Sports Authority, Leslies Pools and Washington Mutual. Available shop spaces range from 1,090 to 2,392 square feet.
CONTACTS;
Julia McCartney, 714.975.2230, julia.mccartney@grubb-ellis.com
Damon Elder, 714.975.2659, damon.elder@grubb-ellis.com
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